In the PM now, $BABA has broken through the green resistance level and is moving up to the Inverse Head and Shoulders neckline at $77.
For me, this is the important level to flip to support for the bulls.
A successful hold of support here and $BABA can move higher next, with the Chinese market to fill its gap above to $86.
I will consider adding to my position if $77 can be confirmed as a support level.