BABA Broke through descending wedge

٢٦ مارس

BABA had a nice clean break through a descending wedge.

Support zone indicates where price momentarily reached and recovered.
Yellow Weekly support line indicates a strong support on a weekly time frame.

Small upside is possible.

٢٨ مارس

أغلقت الصفقة: تم الوصول للهدف

I would take profits here and wait till Monday.