Alibaba Group Holdings Ltd.
Short
Updated

BABA: Near Sell Point (60% Downside)

270
Observed BABA testing double top formation with higher volume and this week could be possible pivotal point for downside. Possible retracement from 142-144 and RSI forming bearish Divergence soon. This does not affect US stock market momentum.
Trade active
Target 132
SL 144

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