AliBaba made a an ATH in 2020 at
320, since then it has been in an bear trend.
Meanwhile some confluence is underway, an inverse head and shoulders pattern seems to be forming, however Price has not broken above the neckline.
PRICE sits right above the trendline as RETEST AND BELOW RESISTANCE.
Meanwhile some confluence is underway, an inverse head and shoulders pattern seems to be forming, however Price has not broken above the neckline.
PRICE sits right above the trendline as RETEST AND BELOW RESISTANCE.
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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.