Alibaba recently reversed up from the key support level 210.20 (former multi-month resistance level which stopped the previous weekly impulse wave I in the middle of 2018).
The upward reversal from the support level 210.20 continues the active short-term impulse wave 5 of the medium-term upward impulse sequence (3).
Alibaba is likely to rise further toward the next resistance level 217.40 (top of the previous impulse wave 3 from the end of 2019).
- Nasdaq 100 reversed from strong support level 21000.00 - Likely to rise to resistance…
- USDJPY reversed from key support level 156.35 - Likely to rise to resistance level…
The recent declines in US indices may have broken the bullish trend, indicated by technical…
The dollar has paused its strengthening, as weaker-than-expected inflation data reduces fear of future Fed…
Bitcoin finds support near the 50-day moving average, but further declines in the stock market…
- EURCHF falling inside minor impulse wave 5 - Likely to fall to support level…
This website uses cookies