ALIBABA ($BABA) - Oversold, Gaps and Bear (Divs) Oh My!
This dip was coming. It has had bear divs on the daily brewing for quite a while.
It's presently finished filling a major gap, and is at a solid support level. Also oversold on the daily, which is very rare.
Very good spot for a potential bounce.
It's presently finished filling a major gap, and is at a solid support level. Also oversold on the daily, which is very rare.
Very good spot for a potential bounce.
scott.melker@texaswestcapital.com
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