On the 1H timeframe of the BABA stock chart, we see the structure of a large Ⓐ-Ⓑ-Ⓒ zigzag. Over the past six months, the market has been moving within the bearish correction Ⓑ. To date, it continues its development. Wave Ⓑ takes the form of a simple intermediate (A)-(B)-(C) zigzag. A closer look at ...

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