SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

We have a higher high and a higher low now after holding support on the 0.78 Fib.

Another positive day tomorrow and we have a test of the 200 Day MA at $76.80, which is oddly around my average.

Managing my average around the 200 Day MA was not done deliberately but something I am comfortable with, what would we do if the Mega Caps were around their 200 Day MA right now?....we would take advantage.

I have provisionally added in an impulse wave here but we know that the moving averages need to be recaptured first.

$BABA TOP 20

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