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I saw a post by a user 7 months ago showing how BABA looks like it is in a clear wyckoff accumulation and is awaiting spring phase liquidations before heading higher. After reviewing the current price action, I can potentially see that there may be a possibility that BABA is in a wyckoff schematic that does NOT have a spring phase. Any thoughts? I think its still possible we might have a spring phase, but this version looks very favorable since it has gone above and retested the long term down trend resistance successfully, and it would look even better if it reclaims its 200 day moving average. I am not a financial advisor and this is not financial advice! submitted by /u/dep15105 to r/baba |