$BABA
Added 2023-04-17 19:07:43 +0000 UTCThis Subwave 4 on the chart looks fairlay standard but because Subwave 2 was shallow, people found the pull back quite aggressive....but I believe Subwave 2 was just shallow as the news dropped about splitting the company into 6 parts, otherwise Subwave 2 would have looked very similar to Subwave 4....but well structured.
For now, I like that it has held the support above the previous low so I am watching for this to show more strength now and move up more into Subwave 5 next.
Comments
Hello Cap, can you please update baba
Brian
2023-04-19 15:21:50 +0000 UTCSeems to having completed Wave 4? Good entry point now?
makis
2023-04-19 15:09:39 +0000 UTCSo if $BABA can complete Wave 5 around the $110 price, the ABC count can pull back to between $98 - $90, this would be between the 0.38 Fib and the 0.65 Fib
Gareth Neary
2023-04-18 11:34:52 +0000 UTCOnce W-5 is completed how do you expect the A, B, C count to look? Curious as to what kind of pull back we can expect if this goes as planned.
BHelmsUNC
2023-04-17 22:46:07 +0000 UTC
