BABA could test key support level below !

As BABA's regulation risks are not removed yet, I am looking for a good buy price at the key support where my pivot level is.(61.8% fib retracement and 61.8% fib extension confluence level) Do think BABA is a good buy but think i can buy at a better price !
BABAChart PatternsHarmonic PatternsTrend Analysis

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