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GeorgeSaber

$BABA | 61.8 retracement complete, Bullish reversal

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
GeorgeSaber  
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns Technical Indicators BABA bullishreversal pumpit
9
2
trendanalysis chartpattern indicator baba bullishreversal pumpit
$BABA is a buy at these levels,

The chart has completed a 61.8 retracement and price action has consilidated into a falling wedge,

Target 1 is $243
Target 2 is $273

I'm trading this one using call options.
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