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Buy AliBaba around $88-$89. Trendline Breakout

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
KSLBroking Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis alibaba
8
4
trendanalysis alibaba
Break the trendline, Alibaba. The two resistance levels it will now encounter are 91.55 (recent high) and 93.27 (200 Days EMA - Daily Chart). Once it breaks, we will only be able to see 105.20.
Comment:
As the Dow is encountering resistance between 35500 and 37000, don't panic. Once it crosses this threshold, there will be significant movement.
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