jautoresponder

BABA Morning Star Reversal Potential?

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
1
BABA's overall trend for the year is bullish. Daily chart is above the 100 and 200 MAs and recent candle's have formed a nice flag pattern. If Monday's Daily candle breaks out of the flag pattern and closes Bullish then I propose that it would form a Morning Star Reversal pattern.

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