SamSuka
The Long Investor
The Long Investor

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$BABA

$BABA pushed slightly above the previous high in the PM, I normally do not pay much notice to PM activity in this regard but it is important to note that there is certainly positive momentum here.

The chart is just waiting to pop I believe, I was watching to see if the price action would come down to the 50 Day MA yesterday at $94.50 to add more but it did not happen.

We are in Subwave 3 of Wave 1 here, we are very early here.

If for some reason we get a pull back to the 50 Day MA at the opening, it is a buy for me.

$BABA

Comments

Isn't it Subwave 3 of Wave 3 (instead of Wave 1)? Sorry, if I'm mistaken.

Thomas

50DMA at 90?

Jax A Million

Can you please let the group know what your top 5 holdings are at this time, thanks

ALG


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