OTF Bases as BABA Targets $220 on Bull-Flag Breakout

jfsrevg
01-24

1. $Blue Owl Technology Finance Corp(OTF)$ - 6-month basing structure with VARS present.

Not the cleanest IPO base as $CoreWeave, Inc.(CRWV)$ and $XPeng Inc.(XPEV)$ during their time, but worth to keep in watchlist if it continues to consolidate and tightened its range for a few more weeks/months

2. $Alibaba(BABA)$ (Update) - Another +6% move as the “T-Head chip unit IPO” option resurfaces.

If this mirrors the prior two bull-flag breakouts (+$60 each), the measured move projects toward ~$220, assuming the advance starts from the $157–$160 base from 12th January in the quoted post below.

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