Ali Baba [BABA]Alibaba Group Holding Limited Sponsored ADRBATS:BABAericjvanzutphenAli Baba is ready to play out the 4th stair step pattern on the latter to make a new high on the weekly chart. As seen the pattern has already played out 3 times and is ready to take a step higher to make new highs. The RSI and Williams %R indicators are both showing a move up signalling the share price of BABA is ready for the 4th expansion of the pattern.