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JamesFlem
Jun 26, 2021 9:10 AM

BABA Breakout? Long

Alibaba Group Holding LimitedNYSE

Description

Baba has been rejected from the resistance over 5 times and this time its broken out with higher volume, rsi reaching over 90 on the 1 hour chart and it closed above. Everything here looking like a tech run in July. I suspect it to retest the 224 support and if we see a big drop it still has between 220-215 support now. Looking very bullish imo
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