Alibaba ( $BABA-W(09988)$ , $Alibaba(BABA)$ ) is expected to show strength in its cloud and e-commerce units for the December quarter, with Nomura projecting 10% cloud revenue growth and 4% growth for Taobao and Tmall. Customer management revenue is forecast to rise 6%, improving from 2.5% in the September quarter. Nomura maintains a buy rating with a US$130 target price for its ADRs. Alibaba’s earnings report is scheduled for January 29, 2025. This analysis explores the technical aspects of Alibaba chart and highlights key levels. Technical Analysis of Alibaba (9988.HK) Trend Analysis Since early 2024, Alibaba has been in an uptrend, forming higher highs and higher lows. The rising tre