pulse
Long

BABA - MIDTERM BULLUSH - RETEST RESISTANCE AHEAD OF EARNINGS

NYSE:BABA   ALIBABA GROUP HOLDING LTD AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE
32 0 2
1) Stochastic Overbought at the moment, bulls are taking profit at this zone after hitting resistance level of 85.
2) Expecting some easing in the next few days before a retest of resistance
3) Mid-term bullish and looking out for major break above resistance level of 85.
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