$BABA TOP 20
Added 2024-06-30 17:27:05 +0000 UTC$BABA did not have a great week and the price is very close to its blue support line again, a support line that has been tested since Dec '23.
This line has been tested 6 times since then, it was lost twice and recovered almost immediately.
We can see that the 0.887 Fib at $71 is exactly on this blue line too, making this a confluence level.
Bulls need to deliver now or this can fall back into the Buy Zone, which I will be buying in if this happens, when support comes in.
I will not be selling any of position in $BABA, I am only looking to add here. I will hold this for 5 years if needs be.
