$BABA
Entry: 138.50 – 139.50
TP1: 141.00
TP2: 143.00
TP3: 145.00
SL: 137.00
Alibaba ($BABA) is showing a classic high-volatility "shakeout" pattern right now! The chart indicates a sharp liquidation wick down to 139.21, followed by a rapid attempt to reclaim the 140.00 level. This aggressive rejection of the lower zone is exactly what traders look for to identify a short-term bottom, as it sweeps weak hands out of the market before a potential trend reversal. I’m leaning bullish here; if it can hold this consolidation zone, we have a clear path to fill the overhead gap toward 140.58 and beyond. Don't let the short-term red candle give you FUD—this is a prime setup for a quick relief rally. Keep that stop-loss firm, watch the volume for sustained buying conviction, and stay ready to ride the bounce!
#BABA #Alibaba #StockTrading #CryptoTrading #Bullish $BABA
