SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20 & TOP 10

$BABA has climbed well over the last week from $79 to $87, after bouncing on the 0.618 Fib and going back above the 200 Day MA and tested the 50 Day MA from below yesterday.

I would like to see the 200 Day MA converted to support as we lead into earnings which has not been announced yet but I expect this date to be released any day now.

We are still in the Buy Zone and the lower risk entry is a hold above the blue line at $87.

$BABA is in the accumulation zone now for me, I have already done this and if you are new here, this also should be considered.

$BABA TOP 20 & TOP 10

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