80 is a critical support level who previously said no chance to 80 can buy beteeen 80 to 83 stop loss 73 it incline to 80 as daily bearish,weekly and monthly bullish so 80(lower a bit) will hold.

$BABA-SW (09988.HK)$ 80 range or lower a bit is a critical support level based on my strategy as weekly and monthly supporting it so don worry it will not fall below 80 much unless I said weekly change to bearish.

On the other hand, as daily timeframe still not turning bullish so it is inclined towards the 80 or lower a bit critical support level.

will update once daily turn bullish as said unfortunately last week unable to turn bullish so near term downside momentum still inevitable.

news is useless so we focus on technical as news is subjective which mean hard to interpret and a lot of news to filter which one is important or not/less important and manipulative and lag.

anyway just keep calm and those value investors can add more around 80 as it is a very strong support level

once daily timeframe confirm bullish it will fly above 100 fast.

Always be calm and collected as market has up and down and just follow proven backtested strategy and will win in long run. the challenge(up and down)make our mind become stronger and calm otherwise we won't be stronger. thanks to the challenges.