It has been a while since my last analytical BABA post. But things are looking up for Chinese equities lately so now is a better time than ever for an Technical Alibaba update.
The long-term picture is starting to look much brighter for $Alibaba(BABA.US)$ and $BABA-SW(09988.HK)$. BABA's price has climbed above a downward trending resistance that has kept pushing its price down for about two years. You can see this illustrated in the chart below. This is a bul...