Chart request for @RocketFuel20,
BABA has a chart where a pitchfork is useful and can see how the trend accelerated to the downside into SC Selling Climax - falling through the lower warning lines.
It also hit the 1:1 fib at the low.
Since then BABA looks corrective but it may go on rallies once it gets above AR resistance.
Bullish divergence coming in on RSI.
Not advice.
BABA has a chart where a pitchfork is useful and can see how the trend accelerated to the downside into SC Selling Climax - falling through the lower warning lines.
It also hit the 1:1 fib at the low.
Since then BABA looks corrective but it may go on rallies once it gets above AR resistance.
Bullish divergence coming in on RSI.
Not advice.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.