TSLA
Tesla
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-- 137.480 PLTR
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-- 74.680 RGTI
Rigetti Computing
-- 18.4500 AMD
Advanced Micro Devices
-- 120.475 
Buy or Sell ?
$Alibaba (BABA.US)$ 98.00
A larger head and shoulder pattern is forming this week in BABA chart. The right shoulder fomation is in progress.
Potentially, $baba could reach US$89 quickily before heading higher. The correction from $118 to $89 is ending soon.
Do your own due diligence.
I am not a financial advisor
Potentially, $baba could reach US$89 quickily before heading higher. The correction from $118 to $89 is ending soon.
Do your own due diligence.
I am not a financial advisor
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Thelord : Strange I saw an inverse head and shoulder. What is the timeframe you looked at
I am 102702622 OP Thelord : I think the inverse head and shoulder had already reached its target at US$103.30 last week. This was achieved in the US pre market. Now the right shoulder is forming. Time frame of the H&S pattern is about a week long. Having said that, there are bullish signs coming up for BABA
SKYWalkers : head and shoulders formation cannot be in the shadow of a previous structure.
in this case, the previous structure, like a volcano, has more significance than the grass field that is forming below
I am 102702622 OP SKYWalkers : It looks like BABA is respecting the larger head and shoulder formation. Target USD92