185.0750
Change
-0.8850
Change %
0.4759%
Open
185.9600
Close
185.5000
High
186.5000
Low
184.6700
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.%
1.1791
0.0128
1.0983%
1.3216
0.0053
0.4011%
17.313
0.422
2.501%
56.635
-0.230
0.405%
62.71
1.35
2.20%
1294.360
18.690
1.465%
 
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