kgiap123

BABA is now Uptrend and Bullish

kgiap123 Updated   
BATS:BABA   Alibaba Group Holdings Ltd.
Baba has been hovering sideway since DEC 2023
Last 2 weeks triggers 2 Slow Turtle Buy signals.

This time, the signal appears above EMAs which indicating Bullish.
20x50 EMA Golden Cross also detected indicating Uptrend (Notice that price structure starting to form Higher Low and Higher High).

MCDX Retailer is now 0% insignificant seller while Banker Spike crossing above lowest point of Retailer (Dec 2023) is a good sign of Bull Rally.

Comment:

For the first time, BABA weekly retailer is now below 25%..
It is now bullish, strong bull and uptrend.

Support above 80

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