SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

$BABA is just on the 0.5 Fib now as it tests hard for support.

Both the US market and Chinese ADRs are having a tough day after a very strong week and support levels are being tested across both sides of the pacific.

I have added today, I spoke yesterday about being comfortable adding at $100, so when the opportunity presented itself today to get a -4.7% discount, I am going to take advantage.

$BABA is a long term core stock for me and we have Singles day on Monday and earnings next Friday.

I am focused on my strategy.

$BABA TOP 20

Comments

If we close below 94 does it mean we revisit 87 ?

Bercan


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