Alibaba Group Holding Ltd.
Viés de alta

Is Alibaba entering a stage 2 breakout formation?

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This video depicts a pure technical summary of Alibaba on multiple different time frames.

We will follow this video up with a fundamental view.

Using previous cycles we believe Alibaba is poised for a 12-24 month explosive move.

Baba looks o be entering the explosive stage 2 formation.

Breaking out and defending monthly chart support...Baba looks great on all time frames.

Many bullish patterns are triggering....Weekly bull flags / inverse head and shoulders.

The minimum upside target if the bullflag completes is around 160 - 165.

We have been long Baba since early July when it kissed the daily 200 MA.

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