BABA Technical AnalysisAlibaba (BABA) is showing a strong uptrend, with bullish momentum targeting $166.44 as a key resistance level.
However, once it reaches $166.44, we may see a sharp pullback, with price retracing towards the $103 level. This area serves as a strong support zone, historically acting as a demand level.
Key Levels to Watch:
Resistance: $166.44
Support: $103
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