$BABA TOP 20
Added 2023-12-08 14:42:38 +0000 UTCI am watching a side break out of this channel and a retest of the channel and holding.
Still early days and still a lot of work to day but we will be looking for for higher highs and higher lows next to see if we can get signs of a reversal.
The very large earnings gap remains above up to $87.
The 0.78 Fib remains at $71.20 and it is a level we want to see held or this can come down to its $58 low....we do not want to see that.
Chinese policy makers also announced today that they will be helping their domestic economy by way of loosening their fiscal policy.
