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BABA hit rock bottom at 66

Long
Alibaba Group Holdings Ltd. (BATS:BABA)  
vortexTradingSolutions  
BATS:BABA   Alibaba Group Holdings Ltd.
Trend Analysis BABA
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trendanalysis baba
It seems like BABA bottom was defined @ 66

It is now slowly and steadily recovering but I wont call it a reversal until it hits the FIB golden pocket at 90+

Once it hits that target then an entry can be made to ride the wave to recovery

At the moment its still in bear trending channel so better to stay away until it hits 90
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