Alibaba have been consolidating in the range of 210-220 for the past few months after 'not-so' ideal news on Jack Ma and China competition watchdog fine.
Should BABA break $170, I will consider liquidate my position as uptrend momentum have been negated.
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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.