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Mauriello

BABA Stock Analysis - BABA

Alibaba Group Holdings Ltd. (NYSE:BABA)  
Mauriello  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns BABA
2
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trendanalysis chartpattern baba
The idea is to Hold. It is too risky to go short. (major trend on a daily chart shows a possible beginning of a prie retracement.
Based on Technical Analysis the following two options might be available.
Optio 1: only if the 245 USD support level will be broken
Option 2: 0nly if the 265 USD resistance level will be broken
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