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PurpleGoat
Jan 27, 2023 5:33 PM

BABA Short Idea Short

Alibaba Group Holding LimitedNYSE

Description

Good setup for a short. Equity reached highs of the last run and starting to stumble while market ripping and showing some reversial potential here. Also not surprising is that it was one of the leaders in the up move and now is signalling where the market may go next. Red line SL, green lines TP 1, and 2, respectively. GL
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