BABA is bullish. The price is moving within uptrend channel. Based on Elliott wave analysis, the chart shows BABA is now in its final wave up to complete its smaller degree wave 3 of BIG Degree of wave 5. The target to end the wave 3 is at ballpark of USD340.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.