RCP_
Short

BABA - still in bearish maintrend

NYSE:BABA   Alibaba Group Holdings Ltd
207 1 5
We will continue down until the bearish maintrend is broken. T1 and T2 are estimates and will likely be adjusted later.

update 27.04.15
BABA has broken the main bearish trendline


update 29.04.15
Even though the main bearish trendline is broken, it seems that bears are still in control.
Beware, we are now out of the main bearish trendline.
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