BABA nice Risk Reward Ratio

NYSE:BABA   Alibaba Group Holdings Ltd.
Weekly chart
Fast Turtle Signal triggered at near support
Sign of trend reversal.
Price Lower Low, FiFT Lower High. Bullish Divergence .
FiFT Turned +ve and Momentum turning up
SL below 203 is about 12% risk
Need to break above 247 for weekly slow turtle buy signal and further upside

Daily Chart
Triggered Slow Turtle Buy after BoD signal on 23 June.
SL below 203 or channel break.