Trendcost

$BABA back to 300?

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NYSE:BABA   Alibaba Group Holding Ltd.
$BABA is currently sitting on a volume shelf. A break below, 243 and we could see 200s. However we seem to be coming out of a major downtrend that started in October. A break through that trendline after higher lows and some consolidation over the past few days and we could see that 275 gap fill and possibly a push to 290 to fill the biggest gap of all.

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