Alibaba
$BABA-SW(09988.HK$
Alibaba Group Holdings (NYSE: BABA) had a convincing breakout out of the bullish pennant engulfing pattern yesterday, gaining 4.6% and completing a 7 months long hiatus drop since its peak back in Nov 2020.
Alibaba Group Holdings (NYSE: BABA) had a convincing breakout out of the bullish pennant engulfing pattern yesterday, gaining 4.6% and completing a 7 months long hiatus drop since its peak back in Nov 2020.
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102539156 Dan : Newbie here... meaning it’s a reverse uptrend now?
Tzyh Sheng OP 102539156 Dan : The price have break the down trend. Means high possible of reverse trend.
Tzyh Sheng OP 102539156 Dan : The risk reward is attractive if based on technical analysis