AliBaba

The current Alibaba structure shows a 5-wave impulse. The final leg of a cycle consists of intermediate sub-waves ①-②-③-④-⑤. Intermediate wave (5) will complete the primary impulse wave ③ near 357.99. At that level, wave ③ will be…

Alibaba (BABA) price soared to fresh all-time highs of $268 per share on July 09, following a break of the upper regression. The stock has been on an upward trend since the $120-$58 pullback that was recorded between Nov '14 and Feb '16…