NYSE:BABA   Alibaba Group Holdings Ltd.
Interesting chart. 83.80-84 was previous clear reistance. We popped it finally. We couldn’t clear and hold 85.30 as support so that’ll be the key reistance above here to watch but as we come back in will baba backtest and confirm 84ish as support before a beautoful bounce up towards 87-90 areas? That’s the trade I’m watching for. I played the pop this morning and had to close out close to 85s as we lost momentum. But I am getting close to pull in another long trade here soon. Let’s see how the feds response and market response to the feds is but watch baba

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