$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.
Bercan
2024-11-08 17:36:54 +0000 UTC