$BABA TOP 20
Added 2024-12-12 13:08:37 +0000 UTCI think the market is weighing up China's economic plans and strategies to stabilise the economy and fiscal measures and $BABA is flat in the PM now.
$BABA rose in AH's yesterday as it was announced that Trump has invited Xi to Washington for his inauguration.....which is a very positive sign and an indication that Trump is extending an olive branch to China to improve relations....I believe Elon was the behind this smart move.
On the chart, we got the hold in the buy range yesterday and we added, any price from $100 or lower is perfectly fine for me to add to hold for long term.
The impulse wave continues to look good and I will digest the fiscal announcements today and the markets reaction to see if this is enough for a move to the upside, so far it appears that it is.
