X FORCE GLOBAL ANALYSIS: Alibaba has shown a strong recovery after having locally bottomed due to the Corona Virus (Covid-19). Despite being a Chinese company, the e-commerce giant has not been as severely affected by the gravity of the situation. In this analysis, we take a look at Alibaba's (BABA) technicals and fundamentals to determine the most probable...
Round 2? Fractal for Alibaba bulls showing a possible second parabolic wave coming, drop a like to help motivate me to keep grinding out these beats! Cheers, Bixley
Dates in the future with the highest probability for price direction reversals
BABA has displayed a bump and run, a diamond bottom and a triple bottom all while maintaining its current uptrend, this diamond bottom has led to bullish continuation of the uptrend. Further upsides expected as it pushes through the trend area.
First Cypher pattern identified, an immediate bearish move is most probable, as a retreat from the C > D wave. Learning everyday! Tips / improvement areas welcomed.
Golden cross on weekly. Clear uptrend. Great fundamentals and user base.
BABA reversed off its resistance at 165.48 where it could potentially drop further to its 154.57.
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:...
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Trading Capabilities 98.03 < 99.61 : long entry option 92.78 > 90.09 : short entry possible Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs) Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario Take care & analyzed it again - it`s always your choice...
Alibaba breaked out of trading zone while this september`16 - breakedUP of the 1st trading day (H/L) Session @ after the IPO ... 107.71 (2016-09-23): Friday (last trading) Closed 99.61 (2015-09-19): high of 1st trading day @ after IPO 90.09 (2015-09-19): low of 1st trading day @ after IPO After the first hype @ after the IPO @ the traders created a gap ...