Alibaba Group Wave Analysis – 25 June 2026

Alibaba Group: ⬇️ Sell

– Alibaba Group under bearish pressure

– Likely to fall to support level 90.00

Alibaba Group under the bearish pressure after the earlier breakout of the multiple consecutive support levels -100.00, 95.30 and 103.52.

Each of these support level breakouts accelerated the active minor impulse wave 3 of the intermediate impulse wave (3) from May.

Given the overdoing daily downtrend, Alibaba Group can be expected to fall to the next major support level 90.00 (target for the completion of the active minor impulse wave 3).