Solid News
Alibaba Group Holdings Ltd., Elliot Wave Analysis
1/5/2023 10:05 AMGrowth is possible.
On the daily chart, the upward first wave of the higher level 1 formed, and a downward correction ended as the wave 2, within which the wave (C) of 2 formed. Now, the development of the third wave 3 has started, within which the first wave of the lower level 1 of (1) of 3 is forming. If the assumption is correct, the asset will grow to the area of 126.00–170.00. In this scenario, critical stop loss level is 83.70.
Solid ECN Securities and it affiliates don't accept applications from Indonesia, Egypt, Australia, Bonaire, Curaçao, East Timor, Liberia, Saipan, Russia, Sint Eustatius, Tahiti, Turkey, Guinea-Bissau, South Sudan and other restricted countries.
Copyright All Right Reserved 2023 SolidECN.com