Alibaba IPO Preview: Will The Hype Meet Reality?

Mark Newton, chief technical analyst at Greywolf Execution Partners, weighs in on Alibaba's initial public offering on Friday, September 19. The company's Chief Executive Officer Jack Ma is expected to ring the opening bell at the New York Stock Exchange at 9:30 am and the stock will trade under the ticker symbol "BABA." Alibaba is seeking to raise as much as $25 billion and analysts expect the share price to come in between the range of $66-$68.