DLavrov

Trading Idea 020: Alibaba

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NYSE:BABA   阿里巴巴集團控股公司
Market Conditions:
- bullish trend
- consolidation around the resistance
- bullish sentiment in the market

Key Level and Lines:
- $120.30 resistance

Trading Ideas:
- go long after a consolidation below the resistance
- go short if the market gives a false breakout signal.

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