Wake up call for BABA!Alibaba Group Holding Limited Sponsored ADRBATS:BABAtrading_arthurBABA had shown increment about 63.71% - 88.96% within 63 - 98 days at primary bullish movement. Now, BABA try to confirm bullish continuation based on falling wedge pattern. As long as the price is above the EMA34 (green line), the movement is valid. Target 1 at $229 should be affordable. We'll see for the upcoming 2-3 months.