$BABA Elliot Wave Analysis
Expand the chart below for more detailed analysis & levels for 
BABA
NFA/my opinion only... according to my work the stock is undergoing a large rounding bottom and has nearly completed a years long accumulation phase
The stock has already completed Waves 1 & 2, and is currently undergoing a minor accumulation phase before Wave 3 begins and ultimately trades $120... $120 is my year end target
Longer term, Wave 3 should continue into the first half of 2024. I expectBABA to be a big winner through 2024
BABA NFA/my opinion only... according to my work the stock is undergoing a large rounding bottom and has nearly completed a years long accumulation phase
The stock has already completed Waves 1 & 2, and is currently undergoing a minor accumulation phase before Wave 3 begins and ultimately trades $120... $120 is my year end target
Longer term, Wave 3 should continue into the first half of 2024. I expect
BABA to be a big winner through 2024
Feragatname
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