$BABA TOP 20
Added 2025-04-06 17:47:48 +0000 UTCNo surprises here from $BABA
The Buy Zone has been on this chart since Feb and the retest of the 200 WMA has always been a possibility and many were hoping the price would pull back to this range after $BABA ran fast up to $148.
So we are watching for a retest of the 200 WMA, like many of the Mega Caps this week and holding, a hold here above $104 and I will add
Very simple.
$BABA is not in the same cycle as the US market and +35% YTD.
Comments
$SPY -14% YTD $BABA +38.5% YTD We deal with facts here. Not only is it a hedge against the US market, it has been the best hedge in the market against the US.
Gareth Neary
2025-04-06 18:36:12 +0000 UTCThanks Graham 👍
John McCarthy
2025-04-06 18:35:12 +0000 UTCFor the third time I missed the chance to sell $BABA … it is not 100% Hedge against US Market!!
Baktash Azizi
2025-04-06 18:28:45 +0000 UTC
