BABA - PULLBACKSimilar price actions from April and July 2022.
1. the price hits wall 2 and drops. Retest to wall 1 and rejected.
2. The price hits wall 2 and drops. Retest to wall 1 and rejected.
3. the price hits wall 2 and drops. This current movement is in the process of testing wall 1, if the history repeats expect of -15% movement towards the gap from last Tuesday.