Alibaba racks up gains - Analysis - 27-11-2019
Economies.com
2019-11-27 14:23PM UTC
Alibaba's stock kept rising in the short term, piercing the resistance of 195.75 and marking a 2.23% profit, amid the dominance of the main upward trend, with support from the 50-day SMA even as the RSI reached overbought levels.
Therefore we expect more gains for the stock, targeting the resistance of 205.60.
Expected trend for today: Bullish
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