BABA in a Bearish Trend
BABA Heikin-Ashi forming a clear trend downward. It is below all EMAs showing strength. MACD in a sell signal and Momentum below 0 and headed down. All signs point to BABA headed south.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.