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benedekdomotor

Are we late to the party?!

Alibaba Group Holdings Ltd. (NYSE:BABA)  
benedekdomotor  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Short answer: NO.
Daily chart looks extremely bullish: Good looking RSI, MACD, triangle pattern etc.
However there are 2 important things I have to mention. The market is overextended, and BABA is overbought on lower timeframes.
It might be helpful to wait for a pullback.

Idee correlate

benedekdomotor
Wait for a better entry-point
benedekdomotor
Wait for a pullback
benedekdomotor
Looks like: we have our next breakout candidate
benedekdomotor
Breakout imminent?!
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