# Alibaba turning higher

> Can $BABA got to the 200 EMA?

**Published by:** [Stock Charts - Technical Analysis](https://paragraph.com/@stockcharts/)
**Published on:** 2024-05-17
**Categories:** $baba, chart
**URL:** https://paragraph.com/@stockcharts/baba-stock-chart

## Content

Alibaba stock chart - WeeklyAlibaba appears to be making a bottom and may be heading to the 200 EMA line (black in the graph) around $120. On the daily chart, the price is already above 200 EMA. First resistance is around $100, where last year the price bumped into twice. Disclaimer

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