#BABA: Bulls Rapidly In, Continuation Move To Highs?

Traders,

Potential long, after a HUGE gap down, followed by a nice bull recovery gave a compelling piercing signal. The signal came in right at the sideways support/resistance transition level. Looks great for some upside here. Could e a perfect opportunity to get into a continuation move if not already in on the previous impulse. Good one to keep an eye on this week.