BABA Broke Out Of Triangle
Updated
Broke out of $220 triangle which it had been stuck in for months.
Looking like it's heading towards ATH now which would be the next resistance $231
Expecting above $240+ within the next few weeks though now.
Break below $210 would be considered bearish.
Nice and simple charting :)
Opinions are of my own, should not be taken as advice.
Looking like it's heading towards ATH now which would be the next resistance $231
Expecting above $240+ within the next few weeks though now.
Break below $210 would be considered bearish.
Nice and simple charting :)
Opinions are of my own, should not be taken as advice.
Note
Target hit this morning $241
Disclaimer
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.