101 Technical analysis trend line + channels.
1/ 2ed attempts for a historical low bullish break out, the first got rejected
2/ 1st attempts for a previous/recent high for a bullish break out = In progress.
1/ 2ed attempts for a historical low bullish break out, the first got rejected
2/ 1st attempts for a previous/recent high for a bullish break out = In progress.
Nota
14 Days till earning report, we could see some price action along the way.Nota
We could/might break out up if we have a good earning. The only thing is holding price here is "Earning".
Nota
Retesting is normal, re entering the channel is not .Nota
Going back under the channel's line is not good for BABA.Nota
First attempts failed, now trying our 2ed one for a break out or rejection !Nota
2ed attempts failed as well !!! Well, the say the 3ed is the most important one !Nota
No 3ed straight down !
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.