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Trader-VincentH
Oct 18, 2017 3:56 PM

BABA : Broadening Formation + 3 Wave Bearish Divergence Short

Alibaba Group Holding LimitedNYSE

Description

On daily chart of BABA, prcice moves within a broadening formation targeting to 170 and 164, together with the 3 wave bearish divergentce on MACD, hints further advance.

Watch the gap near 160 level.
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