Will the Double Bottom Breakout Today Achieve Upside Target?

NYSE:BABA   Alibaba Group Holdings Ltd
145 0 2
So far price achieved 24% from all time high and today's double bottom confirmation is suggesting upside price has more room to run and the measured target price is $87 but it wont be easy path for bulls a lot of geopolitics as well as global economic slow down may disturb this strong bounce. If you are not in the trade, make your stop loss at 50ma $67.24 with target price $87. Real time alerts go http://www.2waytrading.com
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