$BABA TOP 20
Added 2024-10-15 09:36:21 +0000 UTC$BABAs chart has been the benchmark, moving very controlled and not yet at its standard Wave 4 pull back level at the 0.38 Fib.
Price is at $102 now, with $100 being the target
With the HSI still needing to confirm its support level above the 0.5 Fib, I am not rushing into $BABA, I want to increase my position by 40% into $BABA and I will do so when support is found
We added 20% into $BIDU on the 0.38 Fib and it is still trying to find support, so I don't want to be early in $BABA or get it wrong.
The overall point is that I am up big on my $BABA position, so it is about being disciplined now, getting the balance right between risk and reward
A hold on the 0.38 Fib and I will add.
Comments
BABA finished bang on the 0.38 today at 100.14 🎯
Phil Smith
2024-11-07 21:40:09 +0000 UTCWould be a Good entry 99?
Cob G
2024-10-17 14:15:21 +0000 UTCBelow 100$ re entry?
Chris
2024-10-15 15:03:34 +0000 UTCNothing new there
Gareth Neary
2024-10-15 09:47:35 +0000 UTCAny concerns with China current actions around Taiwan ?
Yu-gee
2024-10-15 09:38:02 +0000 UTC
