Power Plays New Idea: BABA
March 5, 2025

By Scott Redler

Name: Alibaba

Ticker: BABA

Price: $138.50

Needs to Hold: $115 to $126

Price Objective 1: N/A

Price Objective 2: N/A

Alibaba (BABA) is setting up strong here for a rally back to the highs.

So I'm adding it to Power Plays here.

If it gets over the $145 area, it could accelerate much higher.

I don't think China is done this year, and I expect BABA to lead again.

-Scott

Scott Redler Positions Disclosure as of 2025-03-05 at 10.47.44 AM