BABA: What happens next after this insane rally?

848
Alibaba despite today's correction, remains massively overbought both on the 1D technical outlook (RSI = 81.819, MACD = 5.940, ADX = 34.506) and on 1W (RSI = 75.158, MACD = 5.970, ADX = 33.938). As the price almost reached the 1W MA200, we expect a technical correction near the 1W MA50, which is the pattern the stock followed on its previous historic expansion in 2016-2017. We expect a similar Channel Up to dictate the trend and peak late 2025 - early 2026 (TP = 200.00).


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

Clause de non-responsabilité

Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.