I had 2 expectations for BABA in my last analysis as price is in the equilibrium level. The bearish scenario played out well, giving us a -8.94% move to the downside. Price is currently respecting the bullish OB and is showing signs of bullishness. I'm expecting price to rally from here, to fill the FVG created during the recent earning dump, and potentially into the FVG at 92.95.
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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.