BABA is presenting a triangle compresing with a breakout aproaching. The direction will be related with economic and fundamental news of China, if it is up I'm waiting a break and retest, if is low I'm waiting for a violent movement.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.