Baba Builds Momentum

$BABA

BABA 0.00%↑ has been on a nice run over the past two weeks -

The monthly chart looks real interesting -

With earnings coming up, it feels like this one’s headed for a sizable breakout or breakdown. I would like to see the stock trading above those AVWAP’s to be constructive long, though admittedly, waiting leaves a good bit of return on the table. This is definitely one worth watching right here.