Alibaba (BABA) is showing clear signs of strength as it trades around $126, confirming entry into a new bullish channel.
The stock rejected further downside at $95, a level that aligns with major resistance-turned-support zones from 2016, 2023, and 2024. This successful defense signals that market sentiment has shifted, laying the groundwork for a sustained move higher.
If momentum holds, BABA could rally aggressively into the $190–$200 range by November–December 2025, where a significant resistance zone from 2018 awaits.
The stock rejected further downside at $95, a level that aligns with major resistance-turned-support zones from 2016, 2023, and 2024. This successful defense signals that market sentiment has shifted, laying the groundwork for a sustained move higher.
If momentum holds, BABA could rally aggressively into the $190–$200 range by November–December 2025, where a significant resistance zone from 2018 awaits.
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Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.