BABA Broke through descending wedge

Alibaba Group Holding LimitedNYSE

Deskripsi

⋅ 26 Mar 2024 pukul 19.30

BABA had a nice clean break through a descending wedge.

Support zone indicates where price momentarily reached and recovered.
Yellow Weekly support line indicates a strong support on a weekly time frame.

Small upside is possible.

Trading ditutup: target tercapai

⋅ 28 Mar 2024 pukul 16.07

I would take profits here and wait till Monday.

Chart Patterns

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