BABA broke out the diagonal trendline, closed nicely above 200SMA and volume is also great. Next stops 87, 90, 92 unless it's another fakeout. BABA had many of them in the past. Also we have earnings coming up on the 5/ 14.
Undervalued company, sadly we're dealing with Chinese government thus it makes the investment a bit more complicated.
Undervalued company, sadly we're dealing with Chinese government thus it makes the investment a bit more complicated.