BABA strength

Baba holding the wedge still though with less momentum, it's in the territory of a dangerous head-and-shoulders. Breaking out of the head-and-shoulders today is bullish. It's lower low on 12/5 could just be a result from the pull back in the Shanghai Stock Exchange index. Revenue growth continues highlighted by Singles Day (11/11) revenue of $25 billion. Short-term target at the top of the wedge around 190-200.