Looking at this in a long term perspective and given the fact that Alibaba hasn't done anything wrong, they are valued way beyond this.
we can see bitcoin make some new highs as it is very scared sitting at the top of the resistance line, or will it stay consolidated and fall. It will be interesting to see how it plays out!!!!
As I can see there is a divergence forming as the SPX is making a new high and the MACD making a new low. Also hitting a key indicator and resistance using Fibonacci Analysis. RIP to the fallen victims of Coronavirus
With Amazon, using technical analysis we are at a huge support level With the RSI overextended I see the ticker coming right back down :(. With the emotion of the market being so bullish might add onto itself for a couple more days. Lets not forget about the GAP it made itself and we all know that must be filled.
TVC:SPX I know #SPX looks quite intriguing, but I would most defiantly hold! We have a growing virus and you telling me that there is not going to be a ripple effect. Chinese markets already down 10% and USA companies holding business operations! We can also determine a loss with technical analysis, hitting a key indicator using the Fibonacci Retracement and...
Potentially a big gain here for #WDC as it continues to make higher highs and higher lows. I have marked a few potential points being made of supports. NASDAQ:WDC
I believe Disney will have a slight pull back to 120 at a resistance, after the big announcement of Disney+ and crushing the box office. Already passing the 20 EMA and Recession talk, I believe all the bears are ready to hunt. NYSE:DIS
With the news of Microsoft increasing its dividends and buyback, I know to never chase a stock. I believe it will fall, buy again at its low and, long term it will be there. NASDAQ:MSFT