After being destroyed by bad press for a whole month BABA has been slowly up-trending. The chart looks bullish to me now, and looking to fill that gap to 300. Might need one good piece of news to take it there. But the possibility definitely there.
Chart set up is there this has potential to go up, and recent FDA news can be good for the company
Just wait fir it to break EMA to hit uoward trend can happen soon
FInally broke EMA line after massive drop second green day should maintain upward trend for a little longer.
Might see a couple green days going forward, waiting to hit 11 for conformation of upward trend.
Trending up finally above the EMA line! Hope to see it hit the 30 mark in next following weeks.