It is almost uncanny how closely linked $BABA and HSI are....$BABA is also pulling back and again the area of interest for us is the 0.5 Fib which sits on the blue line too....similar to HSI, where its 0.5 Fib sits on the larger 0.887 Fib.
So we can expect both of them to move together, if HSI can find support then so will $BABA and both could recover together.
I am keen to add $BABA if support is found around the 0.5 Fib at $71.
ray
2024-01-30 17:38:42 +0000 UTC