Are you guys look into Ali Health ?

2021-11-18

Hey all ! What do you guys think about $Alibaba Health Information Technology(00241)$? I see that price is abiding to the descending trendline resistance. I am expecting price to drop from, the pivot level in line with 50% Fibonacci retracement and 78.6% Fibonacci projection towards 1st Support in line with previous swing low. Our bearish bias is further supported by price holding below the Ichimoku Cloud. [Tongue] [Lovely]

Potential Pivot Level @ 10.88

Potential Take Profit Level @ 8.79

Potential Stop Loss Level @ 11.43

$ALIHLTH 5xShortSG220216(DBBW.SI)$

$ALIHLTH 5xLongSG220323(DUQW.SI)$

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