>>> Join us to access robo analyses for over 16,000+ stocks! <<<
Alibaba Group Holding Limited (BABA) “On a long-term technical basis, the stock (BABA) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 246.10 and 231.03. If the stock breaks down through support at 246.10 then it will probably continue lower to 231.03. The stock will meet resistance at 265.98 and 301.50. If the stock breaks up through resistance at 265.98 then it will probably continue higher to 301.50. The 200-day moving average is at 214.11. This will also act as support. The stock is neutral according to the Stochastic Indicator (61.55).”
>>> Join us to access robo analyses for over 16,000+ stocks! <<<