Alibaba Long Term Supply and Demand Analysis
This is exactly why you dont buy after a huge rally! Price is losing steam, WK Demand and Support is broke now, WK in a downtrend, MN uptrend will be broke after this month.
I will wait for price to retrace to the 3M demand area drawn here, or wait for new and strong bullish impulses to start showing up on the WK and MN charts.
Patience!
I will wait for price to retrace to the 3M demand area drawn here, or wait for new and strong bullish impulses to start showing up on the WK and MN charts.
Patience!
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