$BABA is poised for upside move

١٣ ديسمبر ٢٠٢٠

BABA is consolidating near 20 D moving average and above 23.6% Fib level. It's in triangle. As daily bar closes over MA 20, it will also breakout of triangle too. We can go long there.

١٣ ديسمبر ٢٠٢٠

ملاحظة

Short term Target: 270 - 280 (gap fill)
Intermediate Target: 290 (gap fill)
Ultimate target: 320 (previous ATHs)