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Zolcsisti

Baba at major resistance! Earnings coming.

Alibaba Group Holdings Ltd. (BATS:BABA)  
Zolcsisti Updated   
BATS:BABA   Alibaba Group Holdings Ltd.
Technical Indicators Trend Analysis
3
2
indicator trendanalysis
There is an inverse H&S pattern on the chart.
If the earnings report comes good then I expect a major bullrun.
Price target 100$
Comment:
The inverse H&S pattern failed. Maybe more downside is coming.
We need to monitor the 70$ area.
Comment:
Th price has reached the 70$ area. we got a bounce. Now we have to be patient to wait for more confirmation
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