$BABA short term for double down. Long term moon!
BABA
It seems $BABA want to test $191.
Based on history since IPO, the share price is in an upward trend. But there is 2 times the candle overshoot the support.
Expect the same, will drop to around $191 before a rebound.
Fundamentally great, can't go wrong unless China forces BABA to close which is impossible.
