We are expecting an increase in Alibaba shares…
ALIBABA GROUP HOLDING LIMITED AMERICAN DEPOSITARY SHARES EACH REPRESENTING ONE ORDINARY SHARE NYSE:BABA
The exchange rate reached close to the correction level of 135 usd. The first rising wave structure is expected to reach 160 usd, and then a correction is probable to 149 usd levels. Then we predict the second rising wave structure to the level of 190 usd. At this level we expect a longer sideways motion. With two values between 167-189 usd. Then we are waiting for an outbreak.