SamSuka
The Long Investor
The Long Investor

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$BABA

Relentless selling pressure here for $BABA and Chinese stocks, that being said, US stocks are majority red today and the large/mega cap stocks are struggling the most. The 0.88 Fib remains the last support line to salvage the green impulse wave, and below the red line at $78.....this is likely to come down a lot further.

There has been no changes to this chart and this chart will unlikely be needed to change for the next while as the Wave C in amber has always been here too.


$BABA

Comments

Hi Cap,Is baba is in subwaver 4 or after going such low will count change according to ew theory,is it still valid?

Kaan


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