Alibaba buoyed by positive pattern - Analysis - 14-02-2019
Economies.com
2019-02-14 13:58PM UTC
Chinese Alibaba's stock rose 0.41% while buoyed by positive pattern that formed in the short term, the Double Bottom pattern, with positive support from the 50-day SMA, while the RSI reached oversold levels.
Therefore we expect more gains for the stock, provided it settles above 168.64, targeting the resistance of 182.38.
Expected trend for today: Bullish
Stocks Technical Analysis
Stocks
Generac price surrounded with positive pressures - Forecast today - 25-04-2024
2024-04-25 12:18PM UTC
Generac Holdings’ stock price (GNRC) kept rising in the intraday levels, amid the dominance ...
Stocks
Comcast price gives in to negative pressures - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Comcast’s stock price (CMCSA) fell in the intraday levels, amid the dominance of the downward ...
Stocks
Moderna price readies to tackle pivotal resistance - Forecast today - 25-04-2024
2024-04-25 12:17PM UTC
Moderna’s stock price (MRNA) rose in the intraday levels, while tackling the pivotal ...