The Alibaba stock confirmed that it was worthwhile to trust on the many differend indicators and signal lines of the Ichimoku Kinko Hyo indicator. At the beginning of the month a buy sigal formed because the Tenkan-sen line had broken through the standard line. This brought investors a profit of more than 10 percent.
Currently, the Alibaba stock is moving bullish as well and therefore clearly upwards. The stuck is noting slightly below the 200 US dollar mark. If this symbolic resistance was to be broken, there would be no more relevant obstacles on the way upwards. The all-time high is currently located at 207 US dollar.
Aktuelle Video-Analyse von Alibaba: