SIGNAL TERMINATION – ALIBABA LONG – STOP LOSS
CA today are leaving a long-term analysis of the rise in Alibaba’s price, with a loss. Chinese regulators continue to tread companies on their necks because of the settlement of unfair business practices. The threat of fines and investigations have a negative effect on the share price.
ORIGINAL TEXT: Alibaba Long. The web portal Capital Analysis COM presented for active subscribers a so-called large-format investment analysis for shares, CFD´s, of the company Alibaba. CA analysts are now expanding it with publication of a short-term growth signal. Technically, the market bounced off the support trend line, which is beautifully seen in the attached chart. Fundamentally, the market is in an extremely strong growth mood. The upcoming Christmas holidays and minimal attendance in stone shops are positives for the company.