$BABA TOP 20
Added 2024-11-26 19:41:37 +0000 UTCWe can say what we like about $BABA but the fact remains, we have a 3 wave pull back and hold so far on the 200 Day MA at $82, in between the 0.618 Fib - 0.78 Fib levels
Like the HSI chart I shared earlier, this is as close to a standard pull back as you'll get.
But it is no use unless the bulls capitalise now and start buying
So we'll be watching for the 0.618 Fib to be recaptured next at $87 and a series of higher highs and higher lows next
The lower than expected tariff from Trump may be a positive catalyst.
