TECH Buy 07.05.2026 07:22
Alibaba Group Holdings Ltd.: wave analysis
The probability of growth remains.
The third wave of the higher-level structure (3) is currently developing on the daily timeframe, which includes wave 1 of (3). On the four-hour time interval, the correction has ended as wave (2) of (3), and wave (3) of (3) is now forming, within which the initial wave i of (3) at the lower degree is developing. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 193.70–260.00 zone, with a critical stop loss level at 128.35.
Indicators
Overall recommendation Wait
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Wait
Overall recommendation Sell