SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

We have our 3 wave pull back now down to the 0.618 Fib and finished the day holding on this level.

We have been speaking about this for the last few days now and everything is in place

The bulls need to step in now

We can't ever make a stock reverse just because it tests the perfect spot to pull back to

In the perfect scenario, we reverse from here and recapture the $87 level and then we add again

If the opportunity presents itself, we take advantage.

$BABA TOP 20

Comments

I think from my research it’s from a recent low to a high on the daily chart

Sarahe

I am new to the community. Where do you calculate fib from where is your starting point?

SEEK142


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