Confluence has now been lost, bulls did not step in and the patience waiting for the HSI to reverse was too much for some.
Not for me.
$BABA is now back into the consolidated range now again between $71 and $77, with the buyzone below $71, I will consider adding again.
$BABA was not on my radar to add again in the short term but I will keep to my strategy of adding in the buy zone if the price does drop this far, it is not a certain but there is weakness shown now while under the confluence level and the 0.618 Fib at $76.