BABA broke its down trend last week, was great for some long plays.
Recent headlines about Twain and Trump could have some effect.
277.55 is our current resistance, above that we need to break 280 and should be clear to 286.
Again headlines and the tensions with the US and China have devastating affects on this stock.
Hopefully we get the push and find new support at the .618 retracement in the 286 area. Long as the headlines dont have any negative effect Monday we should continue up. We are still in a uncertain area in my opinion and wouldnt be a set it and forget it play yet.
293.81 38.2% Retracement From 4 Week High 293.81 38.2% Retracement From 13 Week High 293.71 14-3 Day Raw Stochastic at 80% 291.47 Price Crosses 40 Day Moving Average 288.57 14-3 Day Raw Stochastic at 70% 285.93 50% Retracement From 4 Week High/Low 285.93 50% Retracement From 13 Week High/Low 280.39 14 Day RSI at 50% 279.21 Price Crosses 18 Day Moving Average Pivot Point 2nd Level Resistance 278.81 278.27 14-3 Day Raw Stochastic at 50% 278.06 38.2% Retracement From 4 Week Low 278.06 38.2% Retracement From 13 Week Low 276.01 Price Crosses 40 Day Moving Average Stalls Pivot Point 1st Resistance Point 274.77 272.92 3-10 Day MACD Oscillator Stalls High 272.37 High Last 270.74 Last 268.34 Pivot Point 267.99 14-3 Day Raw Stochastic at 30% 266.54 Price Crosses 18 Day Moving Average Stalls Pivot Point 1st Support Point 264.30 262.84 14-3 Day Raw Stochastic at 20% 262.26 38.2% Retracement From 52 Week High Low 261.90 Low 261.55 Price Crosses 9 Day Moving Average Previous Close 259.89 Previous Close Pivot Point 2nd Support Point 257.87 1-Month Low 252.55 13-Week Low 252.55 247.97 14 Day %d Stochastic Stalls 244.64 50% Retracement From 52 Week High/Low 243.64 14 Day %k Stochastic Stalls 241.40 3-10-16 Day MACD Moving Average Stalls 14 Day RSI at 30% 232.43 227.01 38.2% Retracement From 52 Week Low 14 Day RSI at 20% 172.47 52-Week Low 169.95
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