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Thursday, November 13, 2014

Alibaba (BABA) Stock Technical Analysis November 14, 2014

The following is Alibaba (BABA) Technical analysis for November 14, 2014

Alibaba (BABA)  Resistance, pivot & Support Levels - 11/14/2014
Resistance levels:
Pivot point:
Support levels:
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Alibaba (BABA) day with market, expect the stock to be volatile. Share is down today. Share of Alibaba (BABA) hit a new record high on Tuesday after more profit taking hit the stock. Every one said Alibaba (BABA) is a strong sell into any rally as shares are expensive. However, a break above $100 would be bullish for a trade. So wait and see mode now. I think $80 to $85 may be support and resistance could be $120-$125.

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