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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

76% of retail investor accounts lose money when trading CFDs with this provider.

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  1. Skilling
  2. Technical Analysis
  3. Breach of important price line imminent by Alibaba

Breach of important price line imminent by Alibaba

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Alibaba is moving towards a line of 88.41 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn't clear whether it will breach this price or rebound as it did before. If Alibaba continues in its current trajectory, we may see it move towards 88.41 within the next 6 hours.

Not investment advice. Past performance does not guarantee or predict future performance.