Tom_Killick
Long

#BABA: Bulls Rapidly In, Continuation Move To Highs?

NYSE:BABA   ALIBABA GROUP HLDG LTD
60 0 5
Traders,

Potential long, after a HUGE gap down, followed by a nice bull recovery gave a compelling piercing signal. The signal came in right at the sideways support/resistance transition level. Looks great for some upside here. Could e a perfect opportunity to get into a continuation move if not already in on the previous impulse. Good one to keep an eye on this week.
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