SenszayFx

Re-accumulation phase for Alibaba before markup

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
I believe BABA has shown us the first levels of its trading range at the $315 level and $255 level and I think this is the range we will see the strong hands start accumulation before the Ant IPO for the markup. I will be swinging BABA in this range until it’s time for the final rally up in its final phase of this range.
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