$BABA Possibilities

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ALIBABA GROUP HLDG LTD (NYSE:BABA)

NYSE:BABA ALIBABA GROUP HLDG LTD

baba

A few possibilities here, depending on which way it breaks out of this potential pennant . The stalling at the top of the smaller pennant tells me that maybe it hasn't tested it's real bottom yet, which would fit well with the pink Gartley . This area has been congested for $BABA all year, so I believe a break, either way, could move fast; especially with Earnings in February. I'd say I'm Neutral to Bullish as I believe it holds above $75 going into Q1 2016, market willing. No real buy signals yet...but multiple alerts set

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