Catalysts, Earnings, Court Cases and an unsettling market have all potentially influenced the share price of $BABA lately but not a single change has been made to the chart, in spite of these influential points
Wave 3 is still the target at the 1.618 Fib at $88
I would like to see a higher high next, since we have a higher low in now, so a break above $85.75 and I will be happy to further confirm the trend higher.