$BABA-SW (09988.HK)$$Alibaba (BABA.US)$ 15/3/2022 Baba daily...
$BABA-SW(09988.HK$ $Alibaba(BABA.US$
15/3/2022 Baba daily chart
Baba closed with an Inverted Hammer, a potential bullish candle pattern
15/3/2022 Baba daily chart
Baba closed with an Inverted Hammer, a potential bullish candle pattern
three conditions met:
1. shadow is more than twice of candle body
2. occurs with a gap down from previous day
3. volume is the highest over past 6 months
1. shadow is more than twice of candle body
2. occurs with a gap down from previous day
3. volume is the highest over past 6 months
share price could have a short term rebound back along $86
void if share price continues to dip below today's Low
void if share price continues to dip below today's Low
Inverted Hammer candle pattern article reference:
https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
https://www.elearnmarkets.com/blog/trade-with-inverted-hammer-candlestick/#
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
