It has been awhile since I last uploaded this chart, mainly because there has been no changes and we have been waiting for the price action to move back up to the important blue line at 22,700.
As we have waited, the 50 Day MA has moved down to this level now as the price approaches this important confluence level.
We can see that $BABA has already broken above its own important blue line, lets see if $BABA has front run the Hong Kong exchange.
A flip of 22,700 to support and all boats should rise together for Chinese ADRs
$BABA looks good but $BIDU is offering even more upside now
Piotr David
2025-05-02 16:58:00 +0000 UTCVojtěch Šimeček
2025-05-02 12:40:25 +0000 UTCYo
2025-05-02 12:36:54 +0000 UTC