More strong movements in the PM here for $BABA, very happy to see a breakout and a retest of the wedge line and blue line and then going higher. These retests are almost a signal to buyers that it is a good time to enter or add as they are showing that support is here now and the risk has been reduced.
This is why I added considerably here to $BABA when I saw this and I am happy I did.
Alex
2023-06-16 16:47:51 +0000 UTC