LastBattle

Direction in Alibaba soon

NYSE:BABA   Alibaba Group Holdings Ltd.
Long if closing above $85.4.
  • Take profit: 110.23
  • Stop loss: 81.56

Short if closing below $80.9.
  • Take profit: 68.09
  • Stop loss: 85.40

Pretty nice triangle here looking rather bullish, but I will wait for a break above/below for a riskless entry...

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