Long $BABA

- is testing 200 SMA
- moves are explodes higher then cools then retest support then explodes higher than the last high. It's called trading with higher wavelength

-> Move 1: Started April 2024 when the trend reversal started. $68 -> $89 with around +30% then retraced $90 -> $72 ( -20% )

-> Move 2: July 2024, $72 -> $116 (+61%) then retraced $116 -> $80 ( -31% )

-> Move 3: Jan 2025, $80 -> $146 (+ 82.5%) then retraced $146 -> $108?? ( correction underway ) ~ -26% so far

-> Move 4: Likely from $100-105 to $180-200

Note

If we cross $110 on then that means the move #3 is over and the end of move #3 was around $103.83 and we have entered the Move #4 which will take to $180-200 range

Note

can export chips to China. revenue would increase but the biggest benefits would be for as it has good AI talent and soon they would have access to GPUs which will close gaps for LLM capabilities coming out of research and they would be able to close the GAP with Anthropic, Meta LLAMA and Google Gemini and might even compete with Open AI

Note

Trade deal with China is bullish for

Trade closed manually

Closing this post in lieu of my other post. I want to keep updates at one place:

$BABA 160+ before year end looks realistic thanks $NVDA

Note

- is having a bullish breakout on July 27, 2025. What a good day to have this bullish breakout when Macro is also aligning for Chinese Equities as US extends its tariff on China.

Reference:
cnbc.com/2025/07/27/us-china-trade-tariff-talks.html

Note

Price Target for is $175-200

bigbull037

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bigbull037