$BABA - Can it see a reversal?

615
BABA Alibaba is trading inside a descending wedge. The stock bounced from the lower trendline of the wedge and has a potential for further upside.

Upside targets:
$84
$88
$92

Downside risk:
$74

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.