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BABA is going much Higher based on Wyckoff accumulation count

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Alibaba Group Holdings Ltd. (NYSE:BABA)  
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NYSE:BABA   Alibaba Group Holdings Ltd.
Supply and Demand BABA alibaba wyckoff pointandfigure accumulation Contains image
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supplyanddemand baba alibaba wyckoff pointandfigure accumulation containsimage
This idea is based on Wyckoff's accumulation schematic. Based on the recent price action, BABA has shown sign of strength when it jumped out of the creek and retested its upper limit 2 times now.

Based on the accumulation count, BABA should move pretty fast to 430-450 once it breaks out of the upper range limit of the accumulation range.

All info is on the chart.

Good luck

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