101 Technical analysis trend line + channels.
1/ 2ed attempts for a historical low bullish break out, the first got rejected
2/ 1st attempts for a previous/recent high for a bullish break out = In progress.
1/ 2ed attempts for a historical low bullish break out, the first got rejected
2/ 1st attempts for a previous/recent high for a bullish break out = In progress.
Note
14 Days till earning report, we could see some price action along the way.Note
We could/might break out up if we have a good earning. The only thing is holding price here is "Earning".
Note
Retesting is normal, re entering the channel is not .Note
Going back under the channel's line is not good for BABA.Note
First attempts failed, now trying our 2ed one for a break out or rejection !Note
2ed attempts failed as well !!! Well, the say the 3ed is the most important one !Note
No 3ed straight down !
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
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.