MACD and BABA | Alibaba Group Holding Charting

15 October 2016

We do not recommending anything

We do not recommending anything. Just passing along what we have found what works. 

 

BABA | Alibaba Group Holding Charting and MACD

We can easily spot the ABCD Chart pattern. 20 MA going flat and bending down. Price cross below 20 MA and tested 50 MA and get supported.

Check MACD signals, we see MACD Cross-Down Signal much earlier and now MACD Cross Below ZeroLine.

The stock is topping. Will see.

14 October 2016 Alibaba Group Holding Stock Analysis

14 October 2016 Alibaba Group Holding Stock Analysis

 

 

Reading Bar By Bar – BABA Charting

See the chart below with volume, if the bar continue to go lower, lower than the last high that confirmed the bullish trend (lower brown line), the trend will be bearish.

October 14, 2016 Alibaba Group Holding, BABA Charting on Reading Bar by Bar

October 14, 2016 Alibaba Group Holding, BABA Charting on Reading Bar by Bar

 

 

 

 

 

Have fun!

Moses US Stock Desk

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