BABA on 4 hours chart has got into an uptrend and unless it closes lower than 176, may continue to show strength on this time frame.
It has taken down the previous highs and a nice retracement making a higher low and RSI bounce back into the mid zone will be very bullish, indicating that market getting over sold with low retracement on price and markets good then go higher
Look out for change of trend incase the previous lows are breached as that could be early indication
Look out for more on this as the pattern continues
If you like what you see, please share a thumbs up!
Cheers
It has taken down the previous highs and a nice retracement making a higher low and RSI bounce back into the mid zone will be very bullish, indicating that market getting over sold with low retracement on price and markets good then go higher
Look out for change of trend incase the previous lows are breached as that could be early indication
Look out for more on this as the pattern continues
If you like what you see, please share a thumbs up!
Cheers
If you love what you see, pls share a thumbs up and a comment in the section below
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
If you love what you see, pls share a thumbs up and a comment in the section below
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.