$BABA
Added 2023-05-30 16:09:16 +0000 UTCBroke below the wedge and has retested the wedge from below and got a firm rejection here, this is not a good sign. It is the same when we look for confirmation of a support line, we like to see a retest and holding above.....when it happens from below and gets rejected, its further confirmation of a break down and a resistance line.
$BABA needs to recapture this quickly or this is coming down.
Like I've said before, I am holding and adding in the buy zone.
