Alibaba is in the zone

650
A market capitalization similar to what it had in January 2020 despite growth, a greater presence of e-commerce and good future prospects in various sectors.

In trading area according to the volume profile since October of last year.

In long-term uptrend.

It is closing a triangle, from my perspective it would be close to looking for a breakout.

MACD hitting the bottom, announcing a reversal signal.

It has strong support around $ 210-200.

Resistances at 250, 270 and 300.

Sounds like a good entry point to me.

BABA

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