✅ALIBABA is trading in a downtrend
Following the company's falling out of favor
With the Chinese Government
And fueled further by the Coming Evergrande collapse
That will drag China down with it
Today, the stock gapped and fell even lower
On the earnings news
However, a massive support level is ahead
At around 128$ per share, and I think
This might be...
It seems than next week the chart will be bouncing between 140 and 150.
Then most likely it will bounce from the 150$ resistance again towards 140$ - from here it things may start changing,
Long baba 1@140 & double down limits at 2x130, 4x88 and 8x58.
Possible to hedge with LONG $55 baba put LEAP hedging 5-10% of ur stonk notional.
Also possible to participate in the downside between 140-130 and 130-90 and 90 to 60. these key bear 'breakout' levels smart buyers may want to structure option exposure around and between to take alpha out on the...
BABA has broken through the major resistance level of 144$/sh, and it seems that next week it might touch the next resistance level at 136$/sh.
There should be quite many people who entered the market at the level of 160-170$/sh, while surely there also enough people who entered the stock at much higher levels, and now might be panicking.
The lower it gets, the...
If Ali Baba goes down 130$ it can easily crash to 100$ than 87$ and than 60$
just hope is dont goes below 130$ because than its in free fall with no end in see
In an environment where companies like Nvidia and Microsoft are doing everything right, Alibaba (BABA) seems to be headed in the opposite direction. Granted, the investment cases are vastly different, but when you’re hot you’re hot and when you’re not the negative news is heard far more frequently.
When trading it often pays to follow the flow of capital, and...
So it did collapse around 25%, as soon as Earnings were pre-published.
It has nearly reached its earlier minimum of the year and currently stopped at $144/sh.
Although I'm not seeing any clear technical indicators, showing a possible further decline in stock price, this might not yet be the end of fall.
Bad news about Earnings results may have not yet revealed...
My perception of Alibaba's weekly stock chart as follows !
After a five-wave with three continuous shares, it enters a correction in the form of a second wave. This is formed as a flat with a big b wave. maybe just it want to make triangle to ready for powerful third wave .. so buying and maintaining it at prices from $ 140 to $ 150 is extremely...
*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
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Today my team took a dive into Chinese online and mobile commerce company...
Alibaba has reached it's lowest point in a very long time.
PE ratio is not very optimistic, but it may to do with the general situation about Evergrande, which seems going bankrupt very soon.
Aliexpress is reported to have more than 900 million (active) users, while Alibaba has several other businesses along, which act as complementary parts for the whole company...
Hello everybody I0 hope you are doing great this is my analyst from Alibaba stock as you can see we have on weekly time we have down trend and on daily time we have up trend and I highlighted
BABA trying to break the resistance line! Looking to crate a higher low, so that we change the down trend! If it breaks the resistance line it will have a great upside move! Also waiting for the results coming out on the 18th which will decide its future! Positive results, will lead BABA faster to the upside move! Big investors and hedge funds are already in, its...
1)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
Going to long BABA here with a tight sl and great r/r. The reason im having this tight of an sl is because im not really fan of the whole evergrande situation happening right now. Tps are the black lines. DYOR ;)
$BABA has been in a downtrend all year 2021. while this has being disappointing to investors, its also the one in 4 years opportunity to buy into this Chinese retail leader at these prices.
I mean 140 $ -160 is your buy zone. it will never be this cheap for a long time.
HARD SUPPORT is at I40$ and that represents the new foundation for this moon shoot. This...
