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inco1

$baba falling wedge breakout

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
inco1  
NYSE:BABA   Alibaba Group Holdings Ltd.
Support and Resistance Trend Lines Multiple Time Frame Analysis BABA Falling Wedge potential breakout priceaction target positive
2
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supportandresistance trendline mtfa baba fallingwedge potential breakout priceaction target positive
higher time frame in defined uptrend with positive trend strength
mid time frame showing continuation pattern in form of falling wedge=potential to breakout or breakdown continuing en route to apex
lower time frame showing bullish price action making higher highs and lows as it test resistance area of 135.3x area
first target 136.6x area and if broken next target to 138.4x
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