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Alibaba and the Chinese government

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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.

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