BABA to $99.53 in the next several months

١٩ نوفمبر ٢٠٢١

I can see BABA hitting the 1.618 zigzag correction ( wave C ) by the 2nd quarter next year by the latest, Dec 2021 if it's incredibly aggressive.
watch for reactions at the blue lines
May have a nice rebound/pause/consolidation at $130

٨ مارس ٢٠٢٢

ملاحظة

BABA has hit the target of $99.53 much sooner than expected, It doesn't look like its about to stop, but we should see a nice reaction at this point. If we continue sharply expect $58 as the next downside target at the fib 2 level of the zigzag. That's also the double bottom previous low from 2015.