BABA - Wave IIC bounce, or meltdown
BABA either bounces to test the 50% retracement (Wave II scenario)
or Breaks down here and melts down to form an immediate Head and Shoulders breakout
or Breaks down here and melts down to form an immediate Head and Shoulders breakout
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.