PaperBozz

$BABA - A follow up to my previous post

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
BABA In my earlier post, I stated that we needed to clear $95 in order to head to $105. Well, we cleared $95 by 1 cent on Friday! Woo hoo!

Though I don't like the look of that candle, we could still 💥🚀.

Closing above $120 will complete the inverse head and shoulders pattern and could see further upside to $170.

Upside targets:
$105
$120
$170 (1 to 2 years out)

Key support area (Risk):
$87

Follow me for more charts and trade ideas.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.