Alibaba Group Holdings Ltd.
Updated

Ali Baba testing trend line

227
Good potential for a long on the break of the downtrend line and resistance level. Buy on the break, or wait for retest for confirmation. Stop below the recent swing, or the low of the retest.
Target 200 and all-time high. This morning is quite risk-on so expectation is to the upside.

Good Luck!
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Looks like a falling channel formed here
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And we have a break!
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Target 1 at 200 is hit!!!

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