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.
Andy
2024-05-22 22:24:18 +0000 UTC