BABA could drop further tonight. Using time analysis, the down wave took 10 days and the recent retracement took 5 days and it touched short of the 50% retracement.
down target is 180.
down target is 180.
Note
July 19 - Alibaba (9988) dropped along with Chinese big tech like Baidu.Note
july 23 - 4% drop premarket
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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.