ALIBABA is nearing support and should be ready for some big upside in the coming weeks/months. Analyst price targets are downside 
72 upside median 
150 and long 
220, considering the market is a bit shaky and volatile i would be more conscious to the downside and put an even lower downside target of about 45/50 range. however, the recent news coming out of BABA on splitting the business is a very solid news for the stock and is definitely the one to hold on to for big gains.
72 upside median 150 and long 220, considering the market is a bit shaky and volatile i would be more conscious to the downside and put an even lower downside target of about 45/50 range. however, the recent news coming out of BABA on splitting the business is a very solid news for the stock and is definitely the one to hold on to for big gains. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.