Weedo21

BABA broke bottom of triangle in 1 hour chart

Short
Weedo21 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
https://www.tradingview.com/chart/JRz4RPp2/
BABA break the bottom of a triangle in the one hour chart.
Pull back to the triangle may be a good opportunity to wait to consider a short position.
Stock to keep in the watching list.
Comment:
Keep in mind the 50 MA below who can play as support

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.