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Blaze2069
Sep 1, 2016 1:30 AM

ALIBABA Short Short

Alibaba Group Holding LimitedNYSE

Description

Based on this daily chart, I have located a level where I believe price will turn and head lower south. The chart also suggests that there is nothing to stop price from going south.

Comment

Well I guess I was wrong.

Comment

Having looked at Monthly, I think there is still plenty of room to the upside. At least to about 110.
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