Consolidating sideways here as the market eagerly awaits how the HSI behaves at the perfect retest of its breakout level.
A bounce in the week ahead will carry all boats together in the Chinese market.
This has taken its time but as long as $BABA and $BIDU remained undervalued at these levels, I am holding my position.
The reversal will come.
Breaking above $77 is the critical level for us and a hold above this level is a signal for me to add to my position.
$BIDU is already above its wedge breakout level now.