The Asian e-commerce giant is going through a very delicate moment.
Pro1 PREMIUM Portfolio
Resistances: $172.3, $182.6, $190, $205, $230.
Supports: $153, $150, $140, $130.
Targets: (Bearish) $150, $130, $125.8 (Bullish) $835, $860, $900.
Trend structure in ALIBABA:
- Short term: Bearish.
- Medium term: Neutral-bearish.
- Long term: Bullish.