TomProTrader

#BABA: Bulls Strong, Upside Target To Be Seen! #Alibaba

NYSE:BABA   Alibaba Group Holdings Ltd.
9
Alibaba had a strong move off of the sideways support/resistance transition line. Looks good for more upside. Clearly a 3 wave in play, and there has been plenty of momentum. This was a stock pick for my exclusive signal members yesterday hence the SL being retrospective, however the RR clearly shows where the likely 3 wave move target is.Hope you have your own tested trading strategy to trade this move.
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