Browse Symbol Stacks: BABA: BABA_Daily_May202015.jpg
BABA closed back into its January gap down range.
Drawing a fib retracement from its high to low, notice how:
1. The 38.2% lines up with close of first day of public trading
2. The 50% lines up just above the close before the gap down
Sadly, bullish stance on BABA into the 50%
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