BABA bucking the downtrend, up from here
BABA finally broke the longterm down trendline, directly at a point of major resistance from 2016.
Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.
Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.