$BABA TOP 20
Added 2023-09-07 09:48:38 +0000 UTC$BABA is doing very well here and it was only last week that people were really starting to turn on $BABA and the Chinese economy....that seems to be getting quieter and quieter.
The chart could not look more positive either, the price found support again above the confluence level at the 50 and 200 Day MA and is moving in an upward trend.
Big test next is getting above this yellow trend line at exactly $100, $100 is certainly an important level, staying above $100 and we will finally get our move higher.
$BABA is one of my top holdings and when many run from a stock, that is when I consider doubling my conviction, the fundamentals alone for $BABA speak volumes, this is still undervalued at this price.
Comments
Is it still a good time to get on $BABA, or wait a bit?
Damien O'Sullivan
2023-09-08 09:49:02 +0000 UTCWe will let the chart do the talking and so far it is holding at the important levels
Gareth Neary
2023-09-08 00:31:42 +0000 UTCAre you concerned with China's economy? Seems like every other day its doom and gloom and then its China set to rebound. Stimulus package coming! China's housing market crashing! I'm assuming it's just all noise to move the market lower?
ES B
2023-09-07 18:57:16 +0000 UTCAt the top under โlatest postsโ scroll sideways to the right!
Matt Reichel
2023-09-07 14:14:40 +0000 UTCSorry.. Iโm new here.. where is search function.. Thanks!
Annie
2023-09-07 12:37:22 +0000 UTCThe long term chart has been uploaded here a few times if you search $BABA in the search function
Gareth Neary
2023-09-07 12:01:54 +0000 UTCHi Cap, could you zoom out so we can see the longer term outlook on the chart please ๐๐พ
Beni
2023-09-07 11:03:43 +0000 UTC
