BABA Analysis

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Price played out nicely as analyzed last week, giving us a -4.68% move within the bullish POI. Price is showing signs of change of character on the lower timeframe. If price breaks above 92.92, we could potentially see a bullish retracement into the bearish POI at 104.52. If invalids the current bullish POI, then it's going to potentially head towards the bullish POI at 78.85.