$BABA TOP 20
Added 2024-07-31 08:46:52 +0000 UTC$BABA retested its 50 Day MA and the wedge line again yesterday and so far bouncing today with a lot of Chinese ADRs and the US market in the PM activity.
What we are waiting for now is a break away from the wedge line and a higher high above the 12th of July high at $81 now.
A break above this level and we are confirmed to be in the bull case and the Wave 3 level would be our target at $89.
So far, the Wave 2 pull back holding on the 0.618 Fib has been a good signal for us.
