BABA signaling long term entry point

May 10, 2023

Viewers, since BABAs IPO, some may have missed out on the nice upward move. I got in and got out early myself. Now tho putting a long term investment view I see some good entry points based on oscillators and stochastic data from weekly chart data. In combination with simple yearly wave cycles, i see BABA is positioned in an attractive longterm buyers entry point. We've probably seen a completion in correction and entering the next Leap for a 3rd wave. There may some accumulation interest going on, early indication of buyer interest.

Trade smart. Cheers.