Mishka1

BABA - Are we there yet?

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
- FIB Retracement to 0.786 (big picture).
- Confluence @ key support - 2014 & 2016 highs.
- Completed 5th Elliotte wave.
- Bullish Inside week candle formed at support.
- Daily MACD just crossed.
- Weekly and Daily RSI divergence.
- MOMO indicator triggered (78min).



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