BABA 10/9+
Orange line is the middle of support and resistance key levels
Need to stay in the upper half in order to remain bullish
Staying above purple zone shows strong support and evidence that we may test ATH again
Positive: The more times we touch 302+ the weaker resistance becomes. Inverse Head and Shoulders possibly forming.
Negative: We saw lower highs and lower lows on 10/8.
Need to stay in the upper half in order to remain bullish
Staying above purple zone shows strong support and evidence that we may test ATH again
Positive: The more times we touch 302+ the weaker resistance becomes. Inverse Head and Shoulders possibly forming.
Negative: We saw lower highs and lower lows on 10/8.
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