BABA
Today the overall market had a green day, many big names like TSLA and FB rallied more than 4% today. But the question I am going to ask is: “Do you think this is the end of the enormous channel BABA has been trading in? BABA started trading in this channel since 2020! But BABA sort of broke out today. But this could also be a bull trap. Today’s volume was just a tiny bit under average. Maybe this is the beginning of something enormous.
Please watch my related article about channels, at the related idea section. To learn more about this intriguing chart pattern.
Curious about your point of view.
Let me know!
This is no financial advice
