Price target $275

By HumanBias
Updated
Let's see the news about the probe but (if Alibaba meets earnings expectations) currently, from a technical perspective we are in path to $275 after going through the 1.618 extension (at $261.5):
- W bottom with PT (low to breakout) at $275
- Confluence with a detected pitchfan
- MACD ultra bullish in the daily

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Comment
The reappearance of Ma could make this happen today.
Chart PatternsDouble BottomTechnical IndicatorspitchfanTrend Analysiswbottom

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