182.8748
Change
-7.6252
Change %
4.0027%
Open
190.5000
Close
187.5300
High
191.7400
Low
182.2500
Alibaba adds to gains - Analysis - 13-09-2017
2017-09-13 11:41:25 GMT (Economies.com)
Alibaba adds to gains - Analysis - 13-09-2017
 

Chinese Alibaba's stock (BABA) kept rising in the intraday levels, scoring a profit of 0.72% in the last session, or 1.25 points, amid the dominance of the main upward trend in the medium and short terms, with positive signals from relative power indicators, after they reached extremely oversold levels compared to the stock's movement, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the resistance of 181.40, as long as the support of 163.60 holds on. 

 
 
 
  Symbol Last Change Chg.%
1.2267
0.0067
0.5480%
1.3794
0.0065
0.4749%
17.224
-0.026
0.154%
63.785
-0.670
1.040%
69.22
-1.04
1.48%
1339.215
0.765
0.057%
 
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