BABA might soar to $185 in the next few months, according to Alibaba stock news and analysis.
For more than a week, BABA has been consolidating in the $160s.
Alibaba’s stock is now forming an ascending wedge pattern.
BABA shares must maintain above the pivot at $161.88 in order to reach $185.
Alibaba (BABA), the Chinese e-commerce behemoth, began the week consolidating and looks to be ending it in the same way. BABA shares…