The Long Investor

$BABA TOP 20 & TOP 20

Added 2025-02-16 19:37:06 +0000 UTC

We have had 6 weeks to remember here, from $80 to $126 and finishing the week above the $121 range top line was the icing on the cake.

My third largest position jumping +50% over a short period of time, coupled with the astronomical returns of my largest position from $HIMS has made this week my most successful week ever....not to mention the majority of our other positions posting strong returns this week too and our recent buys.

But we must keep going and victory laps should be short lived, more races will be ahead of us.

We have had no substantial pull back here since $80 but the good news is that we have bounced so strong above the 200 WMA at $104, that we could get a 3 wave pull back next and it could retest the 200 WMA from above and still hold around the 0.5 Fib for a standard pull back.

A retest of the 200 WMA from above and holding is a very very very clear buy signal and the earnings report this week could offer this opportunity

So let's be open to the pull back, let's expect the pull back and most importantly, let's take advantage of the pull back

Every comment I see this week should be people happy that we get a pull back

Because comments will appear on X when the pull back does come and say 'never invest in China', 'it always gives back'

We are above the masses now.