BABA continues the bullish outlook since we called it last on October 23rd.
Babalicous outlook Part 1 :
https://www.tradingview.com/chart/BABA/wZTwZwBR-BABALICOUS-OUTLOOK/
We continue with our update here!
Baba has broken through our previous resistance/ area of demand and has perfectly retested the zone.
As you can see our Area of demand has always been an area of tough resistance and as of now it is becoming strong support. In addition we have spotted a beautiful rounded bottoming pattern with a target of 80% or $210.00 price target from current levels. If BABA can close this monthly candle as is the $210 price level is sure to be tested!
Babalicous outlook Part 1 :
https://www.tradingview.com/chart/BABA/wZTwZwBR-BABALICOUS-OUTLOOK/
We continue with our update here!
Baba has broken through our previous resistance/ area of demand and has perfectly retested the zone.
As you can see our Area of demand has always been an area of tough resistance and as of now it is becoming strong support. In addition we have spotted a beautiful rounded bottoming pattern with a target of 80% or $210.00 price target from current levels. If BABA can close this monthly candle as is the $210 price level is sure to be tested!
עסקה פעילה
$210 will be displayed soon !הערה
Price is still consolidating in area of demand. Great place to accumulate!
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.