The Long Investor
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$BABA TOP 20 & TOP 10
🕑 Added 2025-03-04 16:07:24 +0000 UTCWe are getting our 3 wave pull back now and the price does look set to test the blue line and the 0.38 Fib next at $121, this is where I believe many people are waiting for a test and hold of support. A hold here and we can add to catch the rest of Wave 3 higher.
However the Buy Zone is between the 0.5 Fib and 0.618 Fib which would be the standard pull back zone to be adding, so let's be open to this possibility.
If we are happy to add at $121 then we should be happy to add a test and hold of support on the 200 WMA at the 0.618 Fib at $105
