AliBaba with ticker BABA has formed a nice bullish setup formation on a daily chart. With an impulsive five-wave rally from the lows, followed by an A-B-C corrective setback, we believe that more upside is coming in 2024. Bullish confirmation is above the resistance line of a corrective channel near 88 level.
Become a member
Get daily Elliott Wave updates for some major Digital currencies, FIAT currency markets, major stock indexes, gold, silver, crude etc. or apply for unlimited access to the Elliot Wave educational videos.
GBPJPY Might Have Peaked. Check our blog HERE.