heres my graph analysis for BABA 6/9/2020
OBV is Racking up M I L E A G E to the top of the graph - which indicates the graph is more likely to drop as the obv needs CORRECTION
ON the RSI we see the ' SELL ' Signal indicator - whilist the stock didnt drop and actually climbed - which is a double bad juju indicator sign that baba is bout to drop twice as hard as it was originally indicated
and the THIRD indicator is the moving average. Baba is still trading Above moving average..
These are three signs that telling me BABA is bout to DROP!
good luck trading and these are just my ideas!
glgl!!
OBV is Racking up M I L E A G E to the top of the graph - which indicates the graph is more likely to drop as the obv needs CORRECTION
ON the RSI we see the ' SELL ' Signal indicator - whilist the stock didnt drop and actually climbed - which is a double bad juju indicator sign that baba is bout to drop twice as hard as it was originally indicated
and the THIRD indicator is the moving average. Baba is still trading Above moving average..
These are three signs that telling me BABA is bout to DROP!
good luck trading and these are just my ideas!
glgl!!