$BABA is running after smashing its earnings and up +10% in the PM now,
meaning one of our Top 10 charts for 2025 is up +75% YTD....something we should all be very happy with, especially those who accumulated in the Buy Zone for the length of time that we did....this is the very least we deserve.
This Wave 3 has been strong and powerful and we are already closing in on the Wave 3 target at the 1.618 Fib at $163.
A retest of the 200 WMA is looking unlikely now but if we do get a chance to add at this level then we take this opportunity....otherwise, a retest of the 2 year top line at $121 could be more realistic.
For me, if the 200 WMA is gone then I am just holding to the 1.618 Fib at $163, trimming 20% profits when the price rejects around here for Wave 3 and then adding again at the Wave 4 pull back, the strategy remains the same.
Seamas
2025-02-21 01:16:11 +0000 UTCGyokeres
2025-02-21 00:14:14 +0000 UTCSeamas
2025-02-20 14:43:28 +0000 UTCIssac
2025-02-20 13:31:50 +0000 UTCMagopool
2025-02-20 13:25:33 +0000 UTCCrim Jamer
2025-02-20 13:24:30 +0000 UTCPierre penasa
2025-02-20 13:20:04 +0000 UTCSamu
2025-02-20 13:18:51 +0000 UTCKad
2025-02-20 13:08:23 +0000 UTC