The Chinese e-commerce giant has not been able to reverse the violent bearish force that has been pushing it down for the past 10 months.
Pro1 PREMIUM Portfolio
Resistances: $160, $183, $205, $207, $218, $230.
Supports: $131, $126, $110.
Targets: (Bearish) $145, $131, $125, $110, $80 (Bullish) $160, $180, $205.
Trend structure in ALIBABA:
- Short term: Bearish.
- Medium term: Bearish.
- Long term: Bullish.
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