$BABA TOP 20
Added 2024-03-24 16:39:50 +0000 UTCVery little to report or add here that we do not already know....there has just been a sideways movement here for the last few weeks/months, in a very tight range between $77 and $71.
$BABA needs the go ahead and catalyst from the HSI to start its reversal and until that comes, this continues sideways until the wedge breakout line...that being said, I do not anticipate this moving down the wedge, as I am seeing with $NIO.
I think investors would prefer to invest in a revenue positive and profitable company before possibly taking on risk like $NIO and $XPEV right now.
$BABA and $BIDU I have no intention of changing my position but I will add when they breakout.
