Alibaba's intraday: The intraday (within the day) support level is near 71.70.
Alibaba On the same day: The intraday (same day) support level is around 71.70.
Pivot point: 71.70
Trading Strategy: Above 71.70, be bullish with a target price of 74.95, followed by 76.60.
Alternative Strategy: Below 71.70, be bearish with a target price set at 69.90, followed by 68.70.
Technical Commentary: From a technical perspective, the RSI indicator is above the 50% neutral zone.
(For reference only, provided by third-party strategies)
Risk Warning and Disclaimer
The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.
The End
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![[May 10, 2024 Daily Morning Briefing]](/_next/image?url=https%3A%2F%2Fproduction-app-asset.traderknows.com%2Foriginal_images%2F23aac149ac62472fbce393ef9371cc8a.jpeg%3FExpires%3D1728277646%26Signature%3DUSfsKfrlXwezxaNb-~-DJPVVBRPJXPR0KP-FucBxIJj48cMApznlELo1R7lsNMoIHHpv4GGGjb42~c2TaOZjXD7wtj5G5fuAkNDpT5oLFIScmhcBgjYe0xwRQ6IixMKKf9SWVyfyZ99qaiJB16-nq7vZDu4vPITIjjrl0qvNGJPbw0BD3CqFmY822Z8tsN~3zL2UfesGxnF9GFwkybcweQuvodNLcgT-4SV3-GOaupSMVMS-AGWasGy6iy-WubcoDYpoxtoaBGR8Gd-G3Jzm1SDytVBz0TWOwvtVzaIawPe96bDZKE6eCoI5SltTmnElGClRZumAQsab1pLcn423rQ__%26Key-Pair-Id%3DK3LHBTUA5A7KEY&w=640&q=75 "[May 10, 2024 Daily Morning Briefing]")
