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US Stock In Play: $BABA (Alibaba Group Holdings Ltd.)

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
$BABA is caught in a 15-month downtrend channel but there could be short term upside opportunity ahead.

trading above Q2 earnings VWAP & 10/20MA. also attempted to re-capture its 50MA, with MA convergences taking place. price action behavior is very similar to oct'21 period.

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