SamSuka
The Long Investor
The Long Investor

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$BABA TOP 20

As the saying goes, when Wave 2 is long, Wave 4 can be short.

Moving down nicely to the 0.38 Fib which is the most common level to complete Wave 4.

Moving in a controlled manner and in line with the HSI and many Chinese tech stocks.

$BABA is certainly a position I will be looking to add too when support is found

I will alert the group when I have added.

$BABA TOP 20

Comments

Just curious if you take the chart for 9988 on HKEX into consideration with this one? 200 DMA's are quite different.

Andy


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