Head and Shoulders fully formed staying in the trend that's been in place since the end of August. BABA should drop to around 172 within the next few days before rebounding NYSE:BABA
Looking like we are getting near a bottom in the channel.
Entering long position on NYSE:BABA here at the bottom of the wave near 176.
With the fact that BABA has ran up so much this year and the political uncertainty surrounding the potential breakout of major war could bring this down quite a bit. The short trade is something I am considering and will update if I enter a position. Feel free to comment on this analysis if you have any ideas. Follow for more trade ideas including stocks,...
I learned about canslim from a guy i know online named Mike Rich, everything I know is because of him. Positive earnings growth in the 20's and 30 percentile over previous quarter, cup and handle, and double bottom, positive cash flow and proven profits with a growing and revolutionary business model. Too many shares to not take profits. Sell 1/2 at $203, buy...
I've been away from sharing my charts for a while now, but NEO (previously known as ANS or ANTShares) is the reason I got back. I've been following this coin since it was 14USD (only a few days ago) and it has exploded to the 50s! It actually had 140+% growth in a week... It's too soon and we don't have enough history to make proper TA, so I just threw some...
NYSE:BABA BABA did a nice consolidation between $150-$160 region for the past 2 weeks. The pullback also sent BABA back into the "valuezone" where a slingshot trade is likely to happen thereafter. A breakout of BABA happened yesterday and it closed at a high of $158.84. Technically, I would expect the breakout to face resistance around $160 level. And should...
If you have Long on Alibaba stock, I need your attention on this. It is likely that Alibaba may reach $150, but it is likely not for long. If the price ever swings long 144~145 region, the bears will claw but fast and furious and we shall see the gap closing move by then, which is 126 area. It is going to be a long way down. Trade Safe, s0nic
The price touched 2.61 Fib and its reaction was to pull back. I think that price will re-test all time high 117.20 then rally up from there.
If you are interested in more of our trades, check out our profile and Tradingview Indicator @ChaoticTrader
Within a short to intermediate time frame, we see a potential upside momentum on GOOG while we think as a hedge, it might be reasonable to short sell BABA. GOOGLE ALIBABA BABA GOOG GOOG
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
NYSE:BABA Alibaba printing above the previous Structure; Safe Trades;