Logo

Alibaba intraday: The short-term (intraday) support level is near 71.70.

AvaTrade
AvaTrade
03-11

Alibaba's intraday: The intraday (within the day) support level is near 71.70.

Alibaba On the same day: The intraday (same day) support level is around 71.70.

Pivot point: 71.70

Trading Strategy: Above 71.70, be bullish with a target price of 74.95, followed by 76.60.

Alternative Strategy: Below 71.70, be bearish with a target price set at 69.90, followed by 68.70.

Technical Commentary: From a technical perspective, the RSI indicator is above the 50% neutral zone.

(For reference only, provided by third-party strategies)

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Wiki

Support

Support is a term used in technical analysis that refers to a specific price level or area where a decline in price encounters resistance.

Organization

Related News

Risk Warning

TraderKnows is a financial media platform, with information displayed coming from public networks or uploaded by users. TraderKnows does not endorse any trading platform or variety. We bear no responsibility for any trading disputes or losses arising from the use of this information. Please be aware that displayed information may be delayed, and users should independently verify it to ensure its accuracy.

Logo

Contact Us

Social Media

footer1