Today we will take a look at BABA. When do we think maybe a good moment to start adding Chinese stocks into our portfolio?
Of course, we will look at the answer from a technical perspective, and this is the conclusion we make:
a) We must see contact with the support level first (Is there buying pressure?)
b) If we see bullish pressure, that is the first...
Welcome to our Weekly V2-Trade Setup ( BABA ) !
Alibaba group undervalued currently.
Most investors panic selling.
Overall great technical setup!
ENTRY LEVEL @ 168.02
SL @ 151.47
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our...
Chinese e-commerce behemoth Alibaba Group Holding has become one of the top investment trends of 2021. Over the past year, the company's stock has dropped more than 50% of its value, almost inaudible for a company of this size and status.
The stock recently rebounded 15% from its 52-week lows, and investors are curious if the drama is over. And today's review...
-China, oh man, they are just doing their best to keep their local businesses bleed while everyone else is focused on recovery and supporting as much as possible till January (upcoming tapering).
-Electricity Shortages, Increased trade war tariffs on U.S import / exports and non ending courts with local businesses is driving the economy to the lowest lows....
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and...
101 Technical analysis trend line + channels.
1/ 2ed attempts for a historical low bullish break out, the first got rejected
2/ 1st attempts for a previous/recent high for a bullish break out = In progress.
Different traders have different styles. I tend to like the thrill of catching massive bounces just for the thrill. Is it gambling or calculated risks? The trick is to look at different timeframes. We know with this year long crash, the cat will at least bounce. Maybe not too high, but at least a little.
BABA is interesting because it's truly a multinational...
Like they say, don't try to catch a falling knife. Maybe, if I comply with the antiquated US Markets, I'll buy some of these NYSE ADR but Alibaba needs to issue a direct coin instead so we can buy they shares that way. DeFi it now. Why trust the banksters on Wall Street for "custody" of a Chinese company? That's not really safe... Technology made the banksters...
We are still zigzaging on this one. Momentum in the negative, crashing through resistances. I suppose it's only fair given the stellar impulse we have seen earlier.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci...
BABA can be heating up here ..
As long as above 148 this one can maintain some steam back into the 200's and lead China stocks with it.. very oversold from highs -- can be looking at near 100% ROI back towards highs from here!
Over 170 -- 210 - 230 target is in tact.
Further R LVLs are 248 - 270.
Good buy along with NASDAQ:JD
( Pretty soon this account...
With monthly - weekly - daily momentum all in oversold territory, BABA is currently sitting just above a crucial support on the weekly chart.
I will be expecting a bounce and spending some time in the highlighted area for a while..
I'm on the long side as it has more probability in my point of view and last weeks close was a gravestone doji. I think we are...
at this point #alibaba looks one of the better stocks to gamble in the NYSE. stock is 60% down from the Top. has hit a resistance level just yesterday and might be looking for a small bounce from here. the Ideal scenario for me is if the stock just dives down further towards 90/100 Area that is a major major resistance area and will make a huge comeback from that...