BABA is way down near it's All-Time low of $57. Weekly Stochastic RSI is in oversold. Seems to have clear horizontal targets to test on the way back up at $85 and $120. Will the 57 mark hold as support or will it ping lower to around $45. It's going to bounce somewhere and when it does it's bound to be a biggie...
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Got the timeframe wrong but looks like those key levels at 120 and 85 held up pretty well, taking this one as a win =).
So 120 target in 2 years. There are so many people stuck at those levels. Very few bought at current prices. Who has the patience to sit 2 years for a 120$ target in Baba when there is Google and Msft at sale prices available