SamSuka
The Long Investor
The Long Investor

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$BABA

I think the initiation of the market pull back is happening now, HSI did drop -10% at the opening but recovered a lot but I think this was the signal to the market that the pull back further will continue

If this is the case then the Wave 4 level on the 0.38 Fib is nice and tidy at $99, like I always say, I want control and structure and respecting the Fib levels

I can allow some aggression in Wave 3....this can be normal but I would like to see Wave 4 pulling it back together

I will certainly be adding at $99 once the 0.38 Fib holds

That's all, let's keep in simple.

$BABA

Comments

Would you be booking profit here prior to pullback?

Kapil Pandey


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