Alibaba tries to recoup some losses - Analysis - 10-06-2019
Economies.com
2019-06-10 09:59AM UTC
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
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