---
title: "BABA at $119.06 with 68% long positions, buy/sell ratio 2:1. Price prediction at $117 suggests smart money is bullish, despite chart trends."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/297029919.md"
description: "The stock symbol BABA is currently trading at $119.06 and is struggling to rise above key moving averages. Market momentum is stagnant, with top traders holding 68% long positions and buy trades outnumbering sell trades at a ratio of 2-to-1. However, the stock faces a significant hurdle in attempting to surpass the $121.27 mark."
datetime: "2026-08-26T10:25:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/297029919.md)
  - [en](https://longbridge.com/en/news/297029919.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/297029919.md)
generator: "portal-rs"
---

# BABA at $119.06 with 68% long positions, buy/sell ratio 2:1. Price prediction at $117 suggests smart money is bullish, despite chart trends.

The stock symbol BABA is currently trading at $119.06 and is struggling to rise above key moving averages. Market momentum is stagnant, with top traders holding 68% long positions and buy trades outnumbering sell trades at a ratio of 2-to-1. However, the stock faces a significant hurdle in attempting to surpass the $121.27 mark.

### Related Stocks

- [BABA.US](https://longbridge.com/en/quote/BABA.US.md)
- [BABU.US](https://longbridge.com/en/quote/BABU.US.md)
- [BABW.US](https://longbridge.com/en/quote/BABW.US.md)
- [BABX.US](https://longbridge.com/en/quote/BABX.US.md)
- [KBAB.US](https://longbridge.com/en/quote/KBAB.US.md)
- [BABO.US](https://longbridge.com/en/quote/BABO.US.md)
- [BBYY.US](https://longbridge.com/en/quote/BBYY.US.md)
- [09988.HK](https://longbridge.com/en/quote/09988.HK.md)
- [89988.HK](https://longbridge.com/en/quote/89988.HK.md)
- [HBBD.SG](https://longbridge.com/en/quote/HBBD.SG.md)

## Related News & Research

- [MiniMax Group Calls EGM to Expand Alibaba Cloud Deals and Renew Share Issuance Mandate](https://longbridge.com/en/news/297068673.md)
- [Alibaba Issues 710 Million New Shares in Hong Kong Placement, Expands Share Capital in Late August 2026](https://longbridge.com/en/news/297031549.md)
- [Alibaba pushes into South America’s AI market with launch of Brazil data centres](https://longbridge.com/en/news/297259818.md)
- [Alibaba chair buys another 720,000 company HK shares](https://longbridge.com/en/news/296888632.md)
- [Bluetooth Glitch Exposes Alibaba's Secret Tracking Of Users, Developer Says](https://longbridge.com/en/news/296963565.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**