BABA Analysis

2022년 10월 26일

Price falls short of filling the fair value gap at 79.79 before going lower. Price has taken the liquidity at 59.25 after a bearish market outlook in China, from here, the long-term trend should be downwards until we see signs of recovery. I'm expecting price to make a bullish retracement into the bearish POI at 70.52 before continuing lower.