I have been just watching
BABA
since the news that Jack Ma resurfaced, but haven't taken much interest in it until now. It seems like the stock wants to break the down trend, possibly filling the 92-94 gap, but first it needs to move through the following levels>
Here is the plan for long. Watch these levels for calls and possible points of resistance:
$76.33 mini gap fill. Acceptance above 75.13 can take it up to $77.98. $77.22 somewhat relevant level.
Acceptance above $78 can take it up to $80.9
Acceptance above $80.9 can take it to test that $82-$83.7 range. $81.03 somewhat relevant level.
Let's see how
BABA
trades to the upside in the coming weeks.
BABA
since the news that Jack Ma resurfaced, but haven't taken much interest in it until now. It seems like the stock wants to break the down trend, possibly filling the 92-94 gap, but first it needs to move through the following levels> Here is the plan for long. Watch these levels for calls and possible points of resistance:
$76.33 mini gap fill. Acceptance above 75.13 can take it up to $77.98. $77.22 somewhat relevant level.
Acceptance above $78 can take it up to $80.9
Acceptance above $80.9 can take it to test that $82-$83.7 range. $81.03 somewhat relevant level.
Let's see how
BABA
trades to the upside in the coming weeks.