DaxonandDixon

ALIBABA: GOING LIKE A ROCKET TO THE TARGETS UP !!

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
We have a brutal bullish takeoff from this stock, we know that this company is consolidating as number one on global e-comerce.
The double-bottom figure that has been forming since 2018 gave us a clear bullish break yesterday and with a lot of bullish momentum, this validating the search for their breakout targets of the W pattern.
My vision is 100% bullish and I think it has started a bullish rally with unprecedented and excessive force on this underlying.

People who do not want to wait for a retracement to open a long position, I remind you that the SL must be located at least below the diagonal of rupture of the structure in W.

Targets up:

T1) 306.97
T2) 319.86
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