bottlemessenger

BABA needs to get past $83.70 to break out

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Drawing trendlines is subjective, but still rangebound in my opinion. $83.70 is proving a tough resistance, while $82.00 proving to be some support. But, overall, multiple indicators (incl. MACD, RSI) showing that BABA is ready to head higher - if it can follow through.

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