SamSuka
The Long Investor
The Long Investor

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$BABA

Retested the 200 Day MA today from above and bounced and this is a positive sign but we still have more work to do....I am still only seeing three small subwaves since it bottomed at $84.44, so I want to see at least 5 waves to confirm that the bottom from that pull back is complete.

The 50 Day MA is just above at the blue line at $88.17, a positive sign is a flip here to support and holding above the blue line.

I will likely add again if this can flip this blue line to support.

$BABA

Comments

Looks like a head & shoulders forming , do you see it?

Peter C

Thank you sir !

Stephanie


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