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Keeleytwj
Sep 27, 2022 1:25 AM

BABA Analysis Long

Alibaba Group Holding LimitedNYSE

Description

Price did not play out as analyzed last week. The bullish POI at 90.17 has been invalidated and the order flow has changed again. Right now, the daily timeframe is continuing its downtrend. I'm expecting price to do a bullish retracement into the bearish POI at 85.00 before continuing lower.
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