#BABA $BABA 15m started moving, current price $103.14, 24h +3.95%.



This position is quite critical; it looks more like a test right now, not a place to blindly chase.

But don't forget, large traders hold 69% long positions, leaning bullish. Strong as it is, once the key level breaks, caution is needed.

I'm putting up both the analysis chart and the web candlestick chart. Focus on the position, not the noise.

As long as support near $100.5615 holds, $106.2342 will be the next observation point.
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