BABA - ready for a trend reversal
hi traders,
Let's have a look at the BABA chart on the 1D time frame.
After a massive rally, BABA experienced a deep pullback, but it looks like it might be time to load up on BABA again.
BABA is still in our buy zone but we're expecting the trend reversal soon.
Probably US market will experience some sort of pullback in its bull market and in this period we're expecting China market to have a nice recovery.
Our targets for BABA:
Target 1: 107 $
Target 2: 117$
We're expecting other Chinese stocks to perform well too . Check NIO stock here:
Good luck
Let's have a look at the BABA chart on the 1D time frame.
After a massive rally, BABA experienced a deep pullback, but it looks like it might be time to load up on BABA again.
BABA is still in our buy zone but we're expecting the trend reversal soon.
Probably US market will experience some sort of pullback in its bull market and in this period we're expecting China market to have a nice recovery.
Our targets for BABA:
Target 1: 107 $
Target 2: 117$
We're expecting other Chinese stocks to perform well too . Check NIO stock here:
Good luck
Trade active
BABA exited our buy zone. we are bullish on China in the next few weeksNote
The last days to load up on cheap BABA stock. Don't miss out.Note
The market gave us a lot of time to buy cheap BABA. Let's pump it hard!Trade closed: target reached
Well well well. All targets reached.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.
💥 Free signals and ideas ➡ t.me/vfinvestment
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.