$BABA is back out of the buy zone already after a strong performance from the HSI this week and back above the $72 support level and above the 50 Day Ma.
Price is about to test the wedge resistance line at $74, a break above this level and hold and $BABA has broken out of a year long trend
A hold above this level and I will add to my position
Federico Salerno
2024-04-24 15:49:50 +0000 UTC