Alibaba ( NYSE:BABA ) just rejected a major resistance: Click chart above to see the detailed analysis👆🏻 A couple of days ago Alibaba stock perfectly retested a major previous resistance level after rallying +45% just within a couple of weeks. We can first see more bearish movement and maybe even a retest of the trendline breakout level before Alibaba will...
Technical Analysis: Alibaba – 15-Minute Timeframe (Short Trade) Alibaba has shown strong bearish momentum, hitting three profit targets after a clear short entry at 108.26. The price is now approaching the final target (TP4), making this trade highly successful so far. Key Levels Entry: 108.26 – The short trade was initiated after confirming a clear bearish...
If Alibaba (BABA) returns to the green zone, there’s potential for a rebound, creating a good opportunity for a long entry. This zone is important as it coincides with the monthly open, and buyers are likely to step in at this level. Strategy: I’ll be watching for a pullback to the green zone and will consider going long with confirmation of buying activity.
Alibaba ( NYSE:BABA ) finally broke above the bearish trendline: Click chart above to see the detailed analysis👆🏻 Alibaba is breaking out and the breakout is not unexpected whatsoever. For a long time, Alibaba has been hugging the resistance trendline and finally managed to fulfil its destiny. This could very well be the bottom of the bear market and the...
baba might be the setup i'm attracted to the most. showing strength at the decade low. expected this to break the downward trend any time now. looking to the fill the gap up around $84 by eoy.
www.tradingview.com BABA just overbought made lot of gaps, yes it may not cover all gaps from $80 breakout but $100 psychological support would be a nice test to make further new highs.
Alibaba despite today's correction, remains massively overbought both on the 1D technical outlook (RSI = 81.819, MACD = 5.940, ADX = 34.506) and on 1W (RSI = 75.158, MACD = 5.970, ADX = 33.938). As the price almost reached the 1W MA200, we expect a technical correction near the 1W MA50, which is the pattern the stock followed on its previous historic expansion in...
We are currently experiencing a phase of stagnation with Alibaba, as the stock remains in a new accumulation phase after breaking out of the previous one. The price might retest the Point-of-Control along with the trendline that was broken during the breakout, potentially providing a good momentum boost. Despite the sideways movement, our position remains...
Alibaba (NYSE: NYSE:BABA ) saw its American depositary receipts surge by 5% in premarket trading on Tuesday following significant news of China’s central bank stimulus and a strategic partnership with Nvidia, pushing optimism for the e-commerce giant's growth prospects. The People's Bank of China (PBoC) slashed key interest rates and injected liquidity into the...
In a bold move that underscores its commitment to innovation, Alibaba (NYSE: NYSE:BABA ) has unveiled over 100 new open-source artificial intelligence models, including a cutting-edge text-to-video generation tool. As the tech giant seeks to outpace both domestic and international rivals, this new release reflects its ambition to lead the global AI race. AI...
Alibaba continues to position itself as a dominant force in e-commerce, cloud computing, and international growth. With new developments and expanding global influence, the company offers significant upside potential for investors & business owners and consumers. NYSE:BABA [Financial Performance: Revenue Growth: Alibaba reported a 5.9% year-over-year...
NYSE:BABA dropped roughly -75% after it broke the long term trendline towards the downside back in 2021 before it found some strong support at a previous horizontal support level. Click chart above to see detailed analysis 👆🏻 Bulls are still not giving up on Alibaba and after the strong retest and reversal of the all time low back in 2022, Alibaba managed to...
China's State Administration of Market Regulation (SAMR) has officially concluded its antitrust investigation into Alibaba, indicating satisfactory compliance by the e-commerce giant with anti-monopoly laws. This investigation, which began in 2021, resulted in a substantial fine of 18.23 billion CNY (approximately 2.6 billion USD) due to practices restricting...
Alibaba ( BABA ) has been in a long-term downtrend that began in October 2020. In the medium term, however, the price has entered a phase of compression, suggesting a possible pause or reversal of the trend. Analyzing the volumes using the Volume Profile, we can see that the price is currently caught between two key Points of Control (POC): POC 1: A...
Overview Alibaba Group Holding Ltd. (NYSE: NYSE:BABA ) saw its stock jump 4% in premarket trading following the completion of a rigorous three-year regulatory overhaul mandated by China’s State Administration for Market Regulation (SAMR). This milestone marks a significant turning point for Alibaba, as it moves past one of its most challenging periods and signals...
If you haven`t bought the dip on BABA: Now analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2024-9-20, for a premium of approximately $2.38. If these options prove to be profitable prior to the...
Alibaba Group Holding Ltd. (BABA), China’s e-commerce giant, faced a challenging second quarter in 2024, as reflected in its earnings report that missed market expectations. The company, which has been navigating a complex economic landscape marked by rising competition and cautious consumer behavior, saw its shares dip nearly 4% in premarket trading following the...
Alibaba Group (BABA) Stock Reaches Over Two-Month High As shown on the BABA stock chart, the price today has risen to around $80.80—its highest level this summer. The primary driver of bullish sentiment is the anticipation of a positive earnings report from Alibaba Group Holding Ltd for Q2 2024, set to be released on 15th August. According to Dow Jones...