BABA

BABA. Completed a 5 wave ending diagonal on a macro scale. These have around a 90% chance of breaking to the upside. On top of that, it has formed an inverse head and shoulders, with the right shoulder extending lower than the left shoulder. If we see volume pickup and a good earnings report, likelihood of this breaking to the upside is near 100% A 9ema cross through the 20 and 50 appears to be imminent.