BABA Of course, it won't be easy to break out of that channel. The 50DMA and the trendline are tough resistance. You can see that the 50DMA is tracking along the channel's upper trendline, making any breakout attempt a challenge.
My targets previous post remain unchanged.
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I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
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.