On BABA as you see on the chart we will have a hight probability to have a downtrend if only if we have the breakout with force the vwap and the support line by a big red candle follow by a large red volume. But, in other hand, we can have a reversal trend if we have the breakout with force the resistance line by a big green candle folow by a large green volume.Thanks!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.