sepehr_sanjar

Possible second leg for BABA!!

Long
BATS:BABA   Alibaba Group Holdings Ltd.
Hi, everyone, As you can see in the chart, Alibaba's stock has formed a beautiful triangle pattern after a prolonged correction in both price and time. With the divergence observed on the MACD and RSI in the weekly chart, I believe that we can expect higher numbers in the near future. The first target is $121, and the second target is $131.can monitor the trade using the weekly time frame's RSI protection trend line. #baba #nasdaq #alibaba BABA

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