$BABA - looking interesting for bullish reversal#Baba could be forming inverse head and shoulder after breaking out of descending wedge. If the pattern materialized, the breakout target could be $165.
Target 1 - $99
Target 2 - $125
Target 3 - $165
Risk - Fall to $58
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.