Bullish candle breaking out from channel.

Alibaba Group Holding LimitedNYSE

Description

⋅ Jul 23, 2015 12:47 PM

Exit from even the most conservative channel one can draw. However, earnings on 12 Aug, massive unlock in September warrants a little caution and China volatility are still possible shadows for the long case.

BABA

Comments

SC6

⋅ Aug 2, 2015 1:14 PM

with the recent Pullback - seems to be at a good support. Maybe at a good re-entry point...