$BABA Primed for a Retest and Bounce! 80% Upside Potential!

19 בנוב׳ 2024

🚀 BABA Primed for a Retest and Bounce! 80% Upside Potential! 🚀

🔍 Key Points:

Looking for a bounce after retesting the symmetrical triangle breakout

Awaiting the H5 Indicator to flip green for a bullish signal

Crucial to hold the volume profile shelf for continued upward momentum

Target Prices:

🎯 $107

🎯 $134

MM 🎯 $157

23 בנוב׳ 2024

הערה

BABA

Has cracked right through the retest area down to the 100 moving average. If we don't see a bounce here then look to the 25 MA for a potential bounce. Things will need to bounce and flip all indicators for this to become a trade I'm interested in with my H5 strategy. Its a BIG no go ATM. NFA. Check it out below.