December 24, 2014
Alibaba Group Holding Limited (BABA), the most talk about company and CEO. Many try to understand how the company successful or how the CEO become so successful.
How will the stock perform? Can the stock live up with the expectation and travel north like the company performance today? Will see.
Let take a look again at the stock chart. Picture worth a thousand words. What can you see from the chart?
The PA should be bullish from the current chart. As long as the PA float above the MAs. By the way, PA = Price Action. But, but remember all set up can fail. So, keep an eye on the chart from time to time. When the PA starts to go below the MAs and stay below. It is become bearish bias.
Now, what you see here, the PA has crossed below MAs tested the support and crossed back up again. Be mindful, the PA shall retest the River again. …
Alibaba Group Holding Limited (BABA), December 22, 2014 Daily
Related posts
1) Alibaba Group Holding Stock Chart Update – December 24
2) Alibaba Group Holding (BABA) – December 1
3) Alibaba Group Holding BABA Stock Update – November 21
4) and more, click here
Thanks for visiting the site.
Moses
DISCLAIMER
Information provided here is of the nature of a general comment only and no intend to be specific for trading advice.
It has prepared without regard to any particular investment objectives, financial situation or needs.
Information should not be considered as an offer or enticement to buy, sell or trade.
Trading is risky. Trading is personal. Everything is relative, there is no right or wrong.
You should seek advice from your broker, or licensed investment adviser, before taking any action.
The website does not guarantee any results or investment return based on the information and instruction you have read here and assume.
It should be used as learning aids only and if you decide to trade real money, all trading decision should be your own decision.
Also, any external links provide here are for easy reference. The opinions expressed by any of these links reference here are those of the authors and its site and do not necessarily reflect the positions of AmiBrokerAcademy.com.