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Alibaba Group

29 Dec 2020 ‚óŹ 02:39 PM

The stock saw some sharp reaction after I wrote about it on news flow. The chart shows the lower trendline on the monthly chart at 216 so that is the major support on a closing basis for the long-term trend to watch. Holding it the move higher can resume. Else it's a breakdown. So far support has held.

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