BABA Broke through descending wedge
Updated
BABA had a nice clean break through a descending wedge.
Support zone indicates where price momentarily reached and recovered.
Yellow Weekly support line indicates a strong support on a weekly time frame.
Small upside is possible.
Support zone indicates where price momentarily reached and recovered.
Yellow Weekly support line indicates a strong support on a weekly time frame.
Small upside is possible.
Trade closed: target reached
I would take profits here and wait till Monday.
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