BABA 172.5 call

I think BABA will breakthrough the downtrend completing the fifth wave and changing the price direction to be in uptrend, chart shows that a good volume have entered in the last candle, the price still traded above the EMAs , passing 170.66 $ whichs represint the Fib 0.618 as a resistance livil considered as a good sign to enter the trade.

Good lock :)