BABA Long

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We are already positioned in this at a lower price, however a new opportunity has presented itself after the recent price action.

We have a rising three valleys pattern indicating accumulation after this perfect bullish Gartley.
Along with this Baba is showing clear bullish divergence and is currently backtesting the $78 zone which has been a historical key level.

Sizing up risk with a SL below the low gives us a great RR and plays the pattern. Good luck and we will update. Earnings are in over a month which gives the stock some time to move before.
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We are at a critical level, so far so good. SL can be moved up to 73.82, cutting our risk down significantly
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Major breakout and development on Baba, beautiful price action for the patient ones.
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After months of following this asset and 3 different trade setup updates, we've finally smashed TP1 with an incredible pump today, 50% off the table for now. Well done everyone that bought in!
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We took some more profits around the 115 mark last week, early before tp2 because it is very extended.
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This is why taking profits early when extended is always a great option. Now we have come back down and aren't stuck holding a big stack. Long term we are still bullish above 86$, lets see if some pa develops.
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