TECH Buy 08.04.2026 20:50
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 timeframe, the correction has completed as the second wave 2 of (3), and the third wave 3 of (3) is currently forming. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 220.00–260.00 zone, with a critical stop loss level at 117.33.
Indicators
Overall recommendation Sell
Overall recommendation Active Sell
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Wait