Alibaba should target 184 after rebound and beating Resistance
Weekly chart, the stock 
BABA is trading in a symmetrical triangle, and is heading down to the support level.
I think the 100 or 89 levels will be strong enough to reverse the direction; to hit the resistance line R at around 117.
Closing above R for 2 weeks (above 118), the target will be 184, passing through the resistance levels 138 and 170
Consider the stop loss below 89
BABA is trading in a symmetrical triangle, and is heading down to the support level.I think the 100 or 89 levels will be strong enough to reverse the direction; to hit the resistance line R at around 117.
Closing above R for 2 weeks (above 118), the target will be 184, passing through the resistance levels 138 and 170
Consider the stop loss below 89
Aviso legal
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