Alibaba - Short Term - We look to Sell a break of 109.62 (stop at 117.14)
A break of 110.00 is needed to confirm follow through negative momentum. Closed below the 20-day EMA. The trend of lower highs is located at 128.00. Our overall sentiment remains bearish looking for lower levels. The primary trend remains bearish.
Our profit targets will be 89.94 and...
Stock to Watch for 2021. #Alibaba #BABA $BABA
The best time to buy Tesla stocks was when the SEC announced they were suing Tesla CEO Elon Musk on Thursday, Sept. 27, 2018.
Looking at the chart, Tesla was at $52.95... right now $661.77.
Alibaba shares are down 33% since China targets Alibaba with the anti-monopoly investigation.
Could we see a similar stock...
I think that the pandemic disaster we are in will continue for a long time and there will be a collapse in the markets on a global scale, in this context, I expect a structure in the stock as I stated in the chart.. The pattern I draw in the chart can be seen in many stocks, I think the second wave of sales will be more devastating, we will wait and see..
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X FORCE GLOBAL ANALYSIS:
Alibaba has shown a strong recovery after having locally bottomed due to the Corona Virus (Covid-19). Despite being a Chinese company, the e-commerce giant has not been as severely affected by the gravity of the situation. In this analysis, we take a look at Alibaba's (BABA) technicals and fundamentals to determine the most probable...
Round 2? Fractal for Alibaba bulls showing a possible second parabolic wave coming, drop a like to help motivate me to keep grinding out these beats!
Cheers,
Bixley
First Cypher pattern identified, an immediate bearish move is most probable, as a retreat from the C > D wave. Learning everyday! Tips / improvement areas welcomed.
Alibaba for the next week or so may have some small negative correlations due to concerns over trade in China and the recent effects tariffs and political decisions had on Asian markets. That being said, it is coming in on a strong for positive correlations when looking at a 2 month time period. An expectancy of a $150 price tag should occur within January and it...
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
Trading Capabilities
98.03 < 99.61 : long entry option
92.78 > 90.09 : short entry possible
Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs)
Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario
Take care
& analyzed it again
- it`s always your choice...
Alibaba breaked out of trading zone while this september`16
- breakedUP of the 1st trading day (H/L) Session @ after the IPO ...
107.71 (2016-09-23): Friday (last trading) Closed
99.61 (2015-09-19): high of 1st trading day @ after IPO
90.09 (2015-09-19): low of 1st trading day @ after IPO
After the first hype @ after the IPO @ the traders created a gap
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