yoaquimboom

BIG $BABA HnS Swing Position Idea

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Support in gray box isnt only valid support.

Generally just looking for the next shoulder to form, but this might already be a good entry area.

This would be a beautiful HnS and the breakout could take us far.

Keep a lookout for where else the shoulder may form, break gray bos and shoulder can still form lower, hard invalidation is if we get new lows below 'head'.

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