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$BABA This K-line movement is really something—at the 130.8 level, the dog whales are frantically stacking orders to wash the market, shaking all the weak hands out.
It’s purely a battle of funds, with no fundamental support at all—everything is just the dog whales exchanging insults inside. The 4-hour chart RSI shows a bottom bullish divergence, but the volume is shrinking like a needle’s eye—this is a classic washout and accumulation tactic.
It’s recommended to place limit orders around 130.8 to lie in ambush, with a stop loss set at 128.5. In this market—believe it or not. Anyway, I’m planning to go in with a small position and one full lot.
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