Alibaba - with Eyes on $200–$230 by end of 2025Alibaba (BABA): Entering a Bullish Phase
Alibaba (BABA) has officially entered a bullish phase after successfully holding the $80 support level at the beginning of 2024. This strong rejection set the stage for a rally to $127, confirming the start of an uptrend.
Key Resistance Battle: Breaking $130 with Ease?
The next critical price level to watch is $130, last seen in November 2018.
If Alibaba breaks through $130 without effort, this will confirm strong bullish momentum, allowing the stock to continue climbing.
However, if BABA initially fails to break $130, it could trigger a pullback to $108, offering a new entry opportunity before the next leg up.
Long-Term Target: $200–$230 by Late 2025
Phase 1: If Alibaba retests $108 and successfully holds, it will make another attempt to break $130.
Phase 2: Once $130 is broken, BABA will gradually climb to $200 by the end of 2025, following a steady growth pattern without rapid acceleration.
Bullish Catalyst Scenario: If news flow remains favorable, Alibaba could push even higher, targeting $230 by the end of 2025.
Key Price Levels to Watch:
Support: $108 (potential pullback zone if $130 is rejected).
Resistance 1: $130 (major breakout level).
Resistance 2: $200 (main target by year-end 2025).
Bullish Extension: $230 (if market sentiment remains strong).
Summary: Strong Bullish Structure with Potential Upside
Alibaba’s price action suggests a clear uptrend, with $130 being the next major battle zone. If it breaks with ease, expect a smooth climb toward $200 by 2025. If it faces rejection, a pullback to $108 will offer a new buying opportunity before resuming the uptrend.
Should favorable news emerge, Alibaba could even hit $230 by the end of 2025, reinforcing its long-term bullish outlook.
