BABA in a nutshell ! One chart ! One support line ! One RSI low!
Updated
I do not know if any of this is going to happen, just something for you to consider !!!
Based on 21 Wall Street analysts offering 12 month price targets for Alibaba in the last 3 months. The average price target is $216.10 with a high forecast of $275.00 and a low forecast of $170.00. The average price target represents a 61.55% change from the last price of $133.77.
Based on 21 Wall Street analysts offering 12 month price targets for Alibaba in the last 3 months. The average price target is $216.10 with a high forecast of $275.00 and a low forecast of $170.00. The average price target represents a 61.55% change from the last price of $133.77.
Note
Hey guys just a correction on this , inducto pointed out that that there is another support level @ 130.5 on October 18. My bad guys !Note
We broke a Major support line !Note
One good looking monthly candle if it holds to the end of the month !
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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