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RSI-Guy

Alibaba (BABA) coiling like a spring

Long
Alibaba Group Holdings Ltd. (BATS:BABA)  
RSI-Guy  
BATS:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Technical Indicators
6
2
trendanalysis indicator
BABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore.

Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside PYPL , with a chance of it retesting $84 in the future.



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