Is BABA Still A Buy?
Image Source: Unsplash
Huge breakout on BABA stock, but should traders expect this breakout to hold and continue the rally higher or will Alibaba (BABA) reverse the breakout and pullback. After an 84% rally off the January lows, this stock is incredibly overbought. In this video, I provide my technical analysis for BABA and point out the key trend-lines and chart patterns to pay close attention to going forward.
Video Length: 00:06:24
More By This Author:
Will WMT Stock Continue To Drop?Stocks Keep Pressing Lower
Palantir Setting Up For a Rally
Click here to download my Allocation Spreadsheet. Get all of my trades ...
more
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
