The Long Investor

$BABA TOP 10 & TOP 20

Added 2025-03-27 10:17:36 +0000 UTC

$BABA continues to consolidate sideways since the 20th of Feb in this channel and I believe this is understandable, considering how weak the US market has been and how aggressive $BABA has run from $80 to $145 in 1 month.

There is possible support at $126 on the bottom yellow line but I think $121 can come into play too and many members would be happy to add on this line too, especially those who did not accumulate with us in the Buy Zone below $80.

$BABA and $BIDU continue to be great hedges against the US market this year and I expect this to continue, both charts have a strong looking 2025.