I see here a good potential for 30-40% gain with a perfect risk ratio.
BABA
✅ On W chart we come to the strong support line on 130$
✅ Oversold (-60% from ATH)
✅ risk ratio ~3.5
BABA✅ On W chart we come to the strong support line on 130$
✅ Oversold (-60% from ATH)
✅ risk ratio ~3.5
Note
about Possible Delisting from NYSE. I don't know is it true or fake news aka rumor for price dump.
but be careful with your risk.
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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.