Yogigolf

BABA falling wedge

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
BABA looks to be breaking out of a falling wedge soon. Based on fibs and a couple fractals looks like there could be resistance at the double top around $310 with an eventual target around $380. Fractals fall nicely within the current trend lines as well.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.