Alibaba Group Holding Ltd. NYSE:BABA reported fiscal first-quarter net income of $1.31 billion.
On a per-share basis, the Hong Kong-based company said it had profit of 50 cents . Earnings, adjusted for one-time gains and costs, were $1.22 per share.
The results just fell short of expectations .
The online retailer posted revenue of $12.23 billion in the...
As you can see Alibaba moved up on Wednesday just before the support at $164.20. Mainly because of the news that Alibaba launched an Amazon Prime-like concept called 88VIP.
The day before that it was announced that Kroger would partner up with Alibaba to sell their products in China. Such partnership wouldn't be only good for Kroger it would possibly generate...
The exchange rate ended the second wave of a triple downward wave structure. We are now waiting for a short correction. The peak of the correction wave may be around 180 usd. Then the third and last decreasing wave is expected to be created. Its target price is 153 usd level environments. Next we assume a very stable and long-term rising section. Its target price...
Currently I am looking for the short entry into the Alibaba share. On a weekly basis, the stock would be a correction quite well. In the last 3 years, the course has been training ever higher highs and tripling.
The entry into the shorts would ideally be in the range of $ 198-200 and then would have to be confirmed intraday.
The first target range of the movement...
Very excited to see the outcome of this head to head
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NYSE:BABA is looking very good on multiple timeframes (4h, 1d, 1w and smaller timeframes).
I'll highlight the bigger timeframes to give the big picture.
Overall:
Baba successfully tested both the support from the bigger and smaller falling wedge. Eventually, baba broke out of the smaller falling wedge. Also, you can see bullish divergence for baba on the...
Hi All,
It's all in the chart.
I do not forsee BABA retracing back to 183, but who actually knows.
Always keep in mindThey could always be black SwanEvent
BABA looks to be on the uptrend. Buy Signal (5-07): Going Long.
Up Trend: Impulse. Down Trend: Correction.
All wave Patterns are impulse or correction.
Sideway: Except for moving horizontally.
Retracement:...
Ill link a video i made for the fam alongside this, so if you're more interested, check that out. It is about 10 minutes and has some info on the DJI also (2nd part of a 2 part video)
Ima keep this straight forward. None of this surprised me. Before the trade wars even started I knew we would be back down. The only different, is that I did not think we would...
Alibaba's price dropped in the first hour alongside the market because of the trade fears. I took that as an opportunity as Tmall owned by Alibaba is also participating in the 618 mid year festival. The key difference is that Tmall has extended their sales to the region namely Hong Kong, Taiwan, Singapore and Australia.
This means that in addition to China...
BABA broke out yesterday of a big bullish pennant. Ater the breakout it formed another pennant on a small time frame. I entered some calls after the bullish breakout (didn't have time to update). Sold 4/5 of my calls on the way up and holding the rest for a breakout of the forming bullflag. Only trade after a breakout or, if you want to play it aggressively, on...
Technically it might have completed correction and will rise its price
- Comparing Alibaba and Amazon: Alibaba make twice than Amazon. Looking 5 years in the future, Alibaba has more opportunities than Amazon and now Amazon market-cap is about 1.5 times of Alibaba.
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 208.00
• Take Profit Level: 210.00 (200 pips)
If the price...
The price above 200 MA, indicating a growing trend.
The MACD histogram is above the zero line.
The oscillator Force Index is above the zero line.
If the level of resistance is broken, you should follow recommendations below:
• Timeframe: H4
• Recommendation: Long Position
• Entry Level: Long Position 205.50
• Take Profit Level: 210.00 (450 pips)
If the price...
Alibaba is the largest online retailer in China and one of the world leaders in Internet trading. A better candidate for “buy” status is difficult to find. Still the situation is not so obvious.
Market professionals for rather long period of time have been shorting the company's shares. Short interest in the shares of Alibaba exceeded $ 25.9 billion, and its...
