BABA Technical AnalysisAlibaba (BABA) is showing a strong uptrend, with bullish momentum targeting $166.44 as a key resistance level.
However, once it reaches $166.44, we may see a sharp pullback, with price retracing towards the $103 level. This area serves as a strong support zone, historically acting as a demand level.
Key Levels to Watch:
Resistance: $166.44
Support: $103
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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.