A clear outlier this year for Mega Caps and putting the US positions to shame and also a very big part of our portfolio.
A number of us are waiting for a pull back to come to add again but right now I am doing nothing, I want a pull back below to $121 or lower or I will let this run for Wave 3 and trim -20% when the price rejects at the Wave 3 target at $164, to add again on the Wave 4 level at $132.
This Wave 3 has been strong an aggressive and brought on because of how long $BABA consolidated leading up to this impulse wave.