Even though BABA is in a downtrend, it shows signs of bottoming out with the rsi in oversold levels with a double bottom formation. it is the best time to buy for this valued company at a discount now IMO(not financial advice) or u can just make a short term swing trade to the profit target.
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.
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.