Cup & Handle Breakout in Alibaba. $BABA Long

Alibaba Group Holding LimitedNYSE

Description

⋅ May 29, 2018 2:00 PM

-Huge volume cup and handle breakout in Alibaba.
-Buyers came in in large numbers as the stock crossed $200 mark.
-Should move higher if $200 level holds.
-Stock is strong uptrend.

Not an investment advice. Do your own due diligence.

Trade closed: stop reached

⋅ May 31, 2018 8:16 AM

Trend Analysis Chart Patterns