$BABA - Double bottom?NYSE:BABA formed a double bottom with a bounce from the trendline and closed above the fib. I still think it is one of the best catch up play in the market.
If the stock can close above $79, it will validate double bottom and channel breakout.
I added more on the morning dip. Let's hope that I am right. 🙏
The price targets from Jan 2nd is not changed.