The Long Investor
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$BABA TOP 10 & TOP 10 - WITHOUT EWT
🕑 Added 2025-04-02 13:32:30 +0000 UTCA simple Cup and Handle formation, with a breakout at $121.45
A retest of this level, the same retest we saw on the $HIMS and $PLTR charts before they went parabolic this year too and the implied move is up to $176
It must be said that this does align very well with Elliott Wave Theory too.
Comments
BJ
What does EWT mean?
James Greene
Correct me if I understand this wrong. So we expect a drawdown to 121.45 before another rise? So 122 would be a great place for an initial entry if I don't have any China exposure yet?
Chris H
Wait wait. So this is not EWT?
sahilpreet Singh
Conviction so high on this one. Everyday price, I neither look at nor it bothers me. Such a comfortable hold
