ALIBABA TO BREAK OUT OF DOWN-SWING
This week ALIBABA must break through either the Resistance Line of the downswing or the Support Line of the uptrend. I guess the Support Line will hold and the next swing is upwards. It could be an upswing of 205, if the green trend arrow is followed.
Note
That should be 20% rather than 205.
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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.