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BABA following a parallel chanel downtrend

Short
Alibaba Group Holdings Ltd. (BATS:BABA)  
the_terrific_m  
BATS:BABA   Alibaba Group Holdings Ltd.
Trend Analysis Chart Patterns
2
0
trendanalysis chartpattern
BABA is following a downwards trend together with a parallel channel as seen in the chart.

Next support is at $63, so the wait continues
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