baba is currently trading within a descending wedge pattern and fluctuating within a trading range of $72 to $78.

The critical support area lies between $72 to $70, and a breach below this level could potentially cause the stock to decline to the $63 area.

Conversely, if the stock manages to break out of the descending wedge by surpassing the $80 resistance level, it could rally to the $96 area. $阿里巴巴(BABA)$

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  • Wah, this analysis on BABA is really legit sia!
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