Alibaba (BABA) coiling like a spring
Updated
BABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore.
Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside
PYPL, with a chance of it retesting $84 in the future.
Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside
PYPL, with a chance of it retesting $84 in the future.Note
First target hitNote
China's turning on the liquidity taps. BABA looking good here
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