Alibaba Group Holdings Ltd.
Long
Updated

baba w3 setup

524
looks like baba completed this subwave 2 correction / retraced nicely into the local golden zone
it is setting up for this wave 3 move which should take about a week or two to completely play out

sub wave 3 target = $227

equity down here could work for the larger swing as well, but personally i don't feel comfortable holding anything longer than a few days in these rocky markets.
Trade closed manually

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