BABA – Key Level – Resistance
BABA has broken through a resistance line. Since it has previously retraced from this price, wait for confirmation of the breakout before trading. It has touched this line several times over the past 13 days. This suggests a possible target around 166.3490 within the next 7 hours.
*** Risk Warning: Trading in securities involves significant risk. Prices may fluctuate and securities may become valueless. Losses may exceed deposits. These products are complex and require appropriate knowledge.
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