BinKadian

$BABA: More decline?

Short
NYSE:BABA   Alibaba Group Holdings Ltd.
1- Previous bottom became a good resistance.
2- Very good supply level on the daily.
3- A bearish candle on the weekly.
4- Very negative bearish trend.

4 points will push the price for more decline.

138 is important technical level, if the price break it, it will push the price for more decline!

The main question what is the level will support the price to end the decline?!
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.