allout06

BABA to head higher?

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
Appears to have an inverse head and shoulders pattern on the monthly chart. With the quarterly and 6 month chart looking bullish as well. Good momentum behind this on higher time frames.

I bought at $91 and buying again at $84.69, just above the lower monthly band.

I show you why here.
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