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KrunchieKilleen
Dec 13, 2016 11:15 PM

ALIBABA TO BREAK OUT OF DOWN-SWING Long

Alibaba Group Holding LimitedNYSE

Description

This week ALIBABA must break through either the Resistance Line of the downswing or the Support Line of the uptrend. I guess the Support Line will hold and the next swing is upwards. It could be an upswing of 205, if the green trend arrow is followed.

Comment

That should be 20% rather than 205.
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