BABA MACD Signals Upside at $152.24
BullishAlibaba Group Holding Ltd (BABA) closed up 1.46% at $152.24 on December 29.
Technical indicators paint a bullish picture:
Moving Averages
Mixed signals with price near the 9-day EMA ($151.35). The 21-day EMA sits at $153.96.
Momentum
RSI at 46.2 is in neutral territory but trending higher. MACD is bullish (-3.15 vs signal -3.35).