, 6 tweets, 3 min read
My Authors
Read all threads
Analysis: #NYSE $BABA

Case 52 #Alibaba Group Holdings Ltd

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#BABA 1/6
Since peaking in June 2018 Alibaba has been trading in a $60 range. The long term remains bullish while the short term is the neutral.

BABA 2/6
Chart 1
Monthly Chart: Two levels dictate activity: A break/close above 197.62 is required to for further gains above the current all time high of 211.70. ......

BABA 3/6
.... A break/close below 149.26 will of a broader correction. The long term target is 288-290 which should be seen after Feb. 2022.

BABA 4/6
Chart 2
Weekly Chart: Price needs to close above the sloping #trendline resistance (green) to get things which is in line with #pivot resistance (red horizontal).

BABA 5/6
Chart 3
Weekly Chart: The #Strategy is printed on the image.

BABA 6/6
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with malteseinvestor

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!