BABA – Dollar Cost Averaging Opportunity

hi Traders,

Let's have a look at BABA.

Alibaba (BABA) appears to be approaching the end of its correction phase within a well-defined ascending channel. Based on the current price action and technical setup, we believe now is a good time to begin dollar cost averaging into this stock.

Our identified buy zone lies between $108 and $100, where price intersects the lower trendline support and key EMAs (20/50/100/200). This area offers a strong risk-reward setup for medium- and long-term investors.

The mid-term target for this trade is $160, which aligns with the upper channel resistance and previous price structure. However, from a long-term perspective, we anticipate that BABA will resume its growth trajectory and eventually surpass its previous all-time highs.

Supporting this idea, the RSI is stabilizing in neutral territory, suggesting that momentum is resetting and may shift bullish as price finds support.

Summary:
🔁 Strategy: Dollar cost averaging

🟩 Buy zone: $108 – $100

🎯 Mid-term target: $160

🚀 Long-term view: Return to growth and new ATH

📉 Correction nearing completion; bullish structure remains intact

This setup offers an attractive entry point for patient investors aiming to ride the next major upside cycle in Alibaba.