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tchamoun
Mar 17, 2022 10:14 AM

Alibaba group holdings - Buy Long

Alibaba Group Holding LimitedNYSE

Description

After the big fall since October 2020, the stock could have found a bottom at 73.17, as evidenced by the island reversal candlestick pattern, that was confirmed by an increase in volume with the second gap. Go long with a stop below the 73.17 low for a rebound towards at least 130.00/140.00
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