Chart request for @RocketFuel20,
BABA has a chart where a pitchfork is useful and can see how the trend accelerated to the downside into SC Selling Climax - falling through the lower warning lines.
It also hit the 1:1 fib at the low.
Since then BABA looks corrective but it may go on rallies once it gets above AR resistance.
Bullish divergence coming in on RSI.
Not advice.
BABA has a chart where a pitchfork is useful and can see how the trend accelerated to the downside into SC Selling Climax - falling through the lower warning lines.
It also hit the 1:1 fib at the low.
Since then BABA looks corrective but it may go on rallies once it gets above AR resistance.
Bullish divergence coming in on RSI.
Not advice.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
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I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
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.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
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.