BABA could be changing trend.
It's retesting the 3Day 200 SMA.
The Point of Control (POC) represents the price level with the highest traded volume within a given range, making it the most significant level of price acceptance
When price retests a previously broken (VRVP) level and holds:
It suggests that the level has flipped from resistance to support (if price is above) or from support to resistance (if price is below).
If the S/R flip is a fakeout, we could go to the bottom of the pattern.
If we can hold the point of control, the trend could be changing.
Test overhead resistance again and eventually reach the top of the pattern.
It's retesting the 3Day 200 SMA.
The Point of Control (POC) represents the price level with the highest traded volume within a given range, making it the most significant level of price acceptance
When price retests a previously broken (VRVP) level and holds:
It suggests that the level has flipped from resistance to support (if price is above) or from support to resistance (if price is below).
If the S/R flip is a fakeout, we could go to the bottom of the pattern.
If we can hold the point of control, the trend could be changing.
Test overhead resistance again and eventually reach the top of the pattern.
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。