JoeyDaMan7

Ascending Triangle Forming - Breakout In May

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Watching this ascending triangle and taking a long position here. Short term PT $194.16. After it reaches the first target, granted market conditions stay the same, I expect BABA to continue on to the last ATH at $211.70 over the next few months. Will be keeping an eye on this one.

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