2waytrading

$75.50 is a crucial level for bulls to prove they can attack

NYSE:BABA   ALIBABA GROUP HLDG LTD
40 0 1
As long price struggles at this levels, bulls are showing weak fight but up 25% from Feb low is not bad at all. Now will price hold 50DMA at $69.50? The chance that can happen is increasing now but at $68.3 area there is a good trade for upside if price gives up at this level. Trade less, save more!
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