Alibaba : Buy on DIP signal appears after first buy signal.
Nicely bounce from key EMAs and Fibo ratio with good above average Volume.
Price Up, Volume Up is a nice bull run.
Stochastic oversold, +ve Force and price above last 2 high
Potential Target : 183, 194
Stop Loss : 160
Risk Reward Ratio 1:1 to 1:2
Price Up, Volume Up is a nice bull run.
Stochastic oversold, +ve Force and price above last 2 high
Potential Target : 183, 194
Stop Loss : 160
Risk Reward Ratio 1:1 to 1:2
Trade active
first target hits 194. (High 195) Pullback to accumulate buy around 190
shift SL level below 179.
Next Target 210, 240, 260
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Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
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.