BABA - Rebound or Break (Potential: %20 in 2mon, RWR 3.8)

Strong support and resistance over last several months. This is a is surredely a pivitol moment for the stock. Earning were above expectation so I'm leaning on a long position upon MACD signal or strong rebound. A stop just below 167 since it's never reached lower previously.

Risk reward 3.8.