Based on wyckoff accumulation pattern I believe BABA is at Phase C where a sharper price fall will provide a final shakeout of weak hands before providing the spring to reversal.
HKEX has finally reached down to long term support.
Purple line has provided support since the 1990s
A closer look at weekly chart -- will support hold?
HKEX has finally reached down to long term support.
Purple line has provided support since the 1990s
A closer look at weekly chart -- will support hold?