BABA on the weekly chart looks like it is forming a massive bullish falling wedge pattern.
BABA's positive divergences indicate it could soon be able to break the upper trend line of the pattern and start it several-week bullish move.
But please remember buy opportunity starts with breaking out of the pattern not when we like it or feel it!!! Because it could still continue to drop toward to end of the pattern and a few more weeks. Anyway I assess once it breaks pattern it will be very powerfull move
BABA's positive divergences indicate it could soon be able to break the upper trend line of the pattern and start it several-week bullish move.
But please remember buy opportunity starts with breaking out of the pattern not when we like it or feel it!!! Because it could still continue to drop toward to end of the pattern and a few more weeks. Anyway I assess once it breaks pattern it will be very powerfull move
노트
:)Consistency is the key of success....
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Consistency is the key of success....
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.