BABA -Potential double bottom breakout next week
Good support twice at the bottom trendline. Continually breaking upper trend lines and consolidating for a long term bottom support. Wedge narrowing and breakout imminent with confirmation of double bottom. Adding to long position on down days.
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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.