Thesis
BABA, after multi year base, is completing an intermediate corrective phase within a broader bullish reversal structure.
Context
- Weekly timeframe
- Multi-year base completed
- Price trading above key long-term levels
What I see
- Impulsive advance followed by a controlled pullback
- Structure suggests intermediate wave (4) nearing completion
- Pullback is respecting prior breakout area
- Pullback is holding rising moving-average support
- Consolidation is forming above former resistance
What matters now
- Structure remains constructive while the recent higher low holds
- Resolution of consolidation should define the next directional leg
Buy / Accumulation zone
- Current pullback range aligned with wave (4) retracement
Targets
- Intermediate upside reference near the $230 area
BABA, after multi year base, is completing an intermediate corrective phase within a broader bullish reversal structure.
Context
- Weekly timeframe
- Multi-year base completed
- Price trading above key long-term levels
What I see
- Impulsive advance followed by a controlled pullback
- Structure suggests intermediate wave (4) nearing completion
- Pullback is respecting prior breakout area
- Pullback is holding rising moving-average support
- Consolidation is forming above former resistance
What matters now
- Structure remains constructive while the recent higher low holds
- Resolution of consolidation should define the next directional leg
Buy / Accumulation zone
- Current pullback range aligned with wave (4) retracement
Targets
- Intermediate upside reference near the $230 area
Long term investor. Open portfolio and full thesis on eToro: etoro.com/people/maratteo
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Long term investor. Open portfolio and full thesis on eToro: etoro.com/people/maratteo
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。