Accumulation Breakout for Alibaba Group

Analysis Forecast:
Price Trend Turned Bullish

Analysis is for:
US Market
Short-Term Trading
Tactical Single Stock Allocation


Supporting Technical Observations:
1. Breakout of Downtrend (Supply) Line
2. Breakout of consolidation Base
3. Fund Flow Index (FFI), turned positive


1st Technical Target
US$250.00

Why this Level?
1. Key Supported turned Resistance Level
2. 261.8% Fibo Level
3. Whole Number


Incorrect Analysis if Level Breached:
US$204

Trade closed: stop reached