$BABA TOP 20
Added 2024-03-30 10:49:47 +0000 UTC$BABA has now found support on our blue line 7 times since November as it continues to wait for the HSI to make its move but in the meantime, it is just drifting across this wedge in a very tight range between $77 - $71.
Earnings are not expected until the end of May too, so this drift sideways will continue until the HSI moves I believe.
That being said, when it reaches the wedge trend line at the end of this month, it will need to take a direction.
No adding for me right now, as I have both $BABA and $BIDU and $BIDU is probably where I would add next as it has already broken out of its wedge.
But I like my exposure to this market with $BABA and $BIDU right now.
