$BABA TOP 20
Added 2023-12-03 16:24:08 +0000 UTCVery little to add here, the price has pulled back to the wedge trend line which is just slightly above the 0.78 Fib at $71.
I would like to see $BABA hold this confluence level or it is coming down to the buy zone then.
We know that $BABA is undervalued at these levels, this is why our buy zone is so close, we need to see the market encouraged by this value on offer now.
Analysts on Wall Street have a PT here above $100 to $120, this is in line with our Top Blue line.
Let's see if the confluence level offers much needed support and we start to see signs of reversing. next.
