Alibaba Group Holdings (NYSE: BABA):
19 September 2018, Wednesday, 10.02pm Singapore Time
(Click on Technical Chart above to Expand)
Attached above is the technicals for Alibaba Group Holdings that is listed in the US Market (NYSE: BABA). Despite the technical breakdown, I am officially ending my bearishness on Alibaba now -- prematurely. Those who chalked up Alibaba shorts with me at $172.23, you can take all profits now at $161.34. I am bullish or at least not bearish on Alibaba anymore. It looks like Alipay's Union with Unionpay in China may reap even more explosive rewards.
Past Alibaba Analyses:
http://donovan-ang.blogspot.com/search/label/Alibaba
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