NYSE:BABA   Alibaba Group Holdings Ltd.
BABA made a new low. I had this zone as the buy zone a month back, I still think it is going to do something like that blue arrow. RSI being oversold on 3 timeframes is supportive of this, but price has to find a foothold quickly, especially with it breaking that long term RSI support level.

If this support breaks, this can go down to 68, imo.

RSI MTF Pane is set to 1hr/4hr/6hr and 1D.

List of my free indicators: bit.ly/1LQaPK8
List of my indicators at Appstore: blog.tradingview.com/?p=970
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.