Alibaba tries to recoup some losses - Analysis - 10-06-2019
2019-06-10 09:59:04 GMT
(Economies.com)
Alibaba's stock rose after the support of 151.20 held on, amid positive signals from the RSI, scoring a good profit of 2.08%, amid negative pressure from the 50-day SMA.
Therefore we expect the stock to return lower, as long as the resistance of 165.25 holds on, targeting the support of 151.20.
Expected trend for today: Bearish
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.2137
|
-0.0036
|
0.2994%
|
|
|
|
|
1.4117
|
-0.0019
|
0.1330%
|
|
|
|
Tadawul
|
10322.68
|
86.96
|
0.85%
|
|
|
|
|
27.388
|
-0.416
|
1.498%
|
|
|
|
|
65.330
|
-0.062
|
0.095%
|
|
|
|
|
68.55
|
0.41
|
0.60%
|
|
|
|
|
1829.975
|
-14.250
|
0.773%
|
|
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