$Alibaba(BABA)$ $Alibaba(09988

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$Alibaba(BABA)$ $Alibaba(09988)$ Today we reach support at 77/78. Few days ago I mentioned it as a lowest possible point it can go to maintain uptrend. I think if it drops bellow 76.8 we have a deja vu here. Technically there is a gap at 75.9 but filling it cancles uptrend. I am gonna add some shares today but admit it might be a problematic. On the other hand RSI is getting hammered again and Baba tends to bounce when it is low and fall when it is high quite reliably. News says fall is due to Friday data nervosity. Good luck everyone.

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Matthew Whiz Buckley
·05-31
Good luck to all!
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