Hello everyone! In today’s article, we’ll review the recent performance of Alibaba Group. ($BABA) through the lens of Elliott Wave Theory. We’ll review how the rally from the Jan 8th 2026 low unfolded as a 5-wave impulse followed by a 3-swing correction (ABC) and discuss what could come next. Let’s explore the structure and the expectations for this stock.
5 Wave Impulse Structure + ABC correction
$BABA 1H Elliott Wave Chart 1.18.2026:
In the 1H chart from Jan 18, 2026, $BABA completed
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