BABA In my earlier post, I stated that we needed to clear $95 in order to head to $105. Well, we cleared $95 by 1 cent on Friday! Woo hoo!Though I don't like the look of that candle, we could still 💥🚀.
Closing above $120 will complete the inverse head and shoulders pattern and could see further upside to $170.
Upside targets:
$105
$120
$170 (1 to 2 years out)
Key support area (Risk):
$87
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.