HSI does not appear to be done just yet and the blue line at $121 is staring at us very clearly right now
$BABA Wave 3 is definitely extended and a pull back is coming next, how far it goes extended nobody knows, what we do know is that $121 is a significant level, as it was the previous high and goes back as far as late 2023....so I would expect some resistance at this level and this could signal the end of Wave 3.
I have moved the 0.38 Fib to reflect a pull back at the blue line at $121 and the 0.38 Fib is also at $102, in line with the exact level for $BIDU's Wave 4.
No adding for me until Wave 4 completes and it will be clear.