Alibaba Group Holdings Ltd.
Short
Updated

Downward to 110?

  • We broke through .886 for XD, leaving 1.618 left for a bullish crab (C to D in motion)
  • BABA has been in a downtrending channel since Februrary.


Both of these point to ~110 ish as the next target
Note
Strong downward pressure with volume to break through the $130 support.
Note
In the target zone.

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