- Alibaba Group broke resistance level 135.00
- Likely to rise to resistance level 147.70
Alibaba Group recently broke the resistance level 135.00 (former monthly high from May), which was preceded by the breakout of the resistance level 127.60 (top of wave i from August).
Before breaking these resistance levels Alibaba Group broke the extended daily Triangle from March.
Alibaba Group can be expected to rise to the next resistance level 147.70, the former multi-month high from March.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.