$Alibaba(0_老虎社区_美港股上老虎

Longing on BABA

$BABA-SW(09988.HK)$

Hey guys! Anyone else eyeing Prices have broken a key resistance and our descending trendline at 109.5Looking to get in at the buy entry @ 110.2 in line with 78.6% Fibonacci projection and also horizontal overlap. Probably going to long to 123.55 in line with 50% Fibonacci retracement and have my stop loss at 96.95 in line with 38.2% Fibonacci retracement. MacD is also supporting our bullish bias.

Entry: 110.2

Take Profit: 123.55

Stop Loss: 96.95

What do yáll think?

$Alibaba 5xShortSG230202(DAGW.SG)$

$Alibaba 5xLongSG220608(DGFW.SG)$

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