Expanded Flat almost Complete Long

NYSE:BABA1W

Alibaba Group Holding LimitedNYSE

Description

⋅ Oct 19, 2022 5:19 PM

Target 225 by mid-2023

Wait til break above 81 to confirm buy

Near-term downside risk to 57

Comment

⋅ Jan 11, 2023 12:31 PM

We are approaching my initial target on the trajectory of 121, I think it can run to 130 on this momentum. The extent of the run will last until Jan 20th, then expect pullback to fill gap down to 94 before bullish continuation.

Elliott Wave expandedflat

Comments

Bishmar

⋅ Jan 11, 2023 1:20 AM

yes

chinmayamahapatra

⋅ Oct 20, 2022 3:44 AM

It is impossible for Baba to go to 223 in another 6-8 months. Yes your downside may be a successful trade to the 50s

Cyrogx6

⋅ Dec 15, 2022 3:39 PM

@chinmayamahapatra, agree, give and take at least 2-3 years to get back to 100-200 range

JerryManders

⋅ Jan 11, 2023 12:29 PM

@Cyrogx6, math never lies

Cyrogx6

⋅ Jan 12, 2023 2:24 PM

@JerryManders, lesgo ! :) too much green at the moment, baba really need to retrace and show us a higher lows :)