Hello all, Today I am taking a look at the Alibaba chart, - The price is in a positive overriding trend. - Alibaba shows a tendency to break through the golden pocket once in a correction, but then to continue to run positively in the trend. - This breakthrough has already been made in the current correction. - The second reaction at the golden pocket looks...
nice support, seems to follow previous price actions and inside a big sturdy trendline
Alibaba (BABA),D1: Support line + Mirror level + Hammer + Bollinger bands + Discount You need to buy when company is feeling bad, when everyone else is afraid to buy, because when company will be feeling good, it's will be already expensive.
As other companies that are great and face drops on negative news (facebook etc..) it will recover. Perfect moment to buy it on the cheap.
Last week, there was a slight pullback, but overall the rebound from the lower gan fan still will increase the momentum of this NYSE:BABA Next week's trading range will be around 251.28 - 266.28. So, if your current position is below this range, you can use this range to close the position and/or average up/reentry on the bottom range. The next strong...
So Alibaba has seen its share of problems in the last months, from intervention from the Chinese government to fear of being delisted in the US from trumps administration in his battle with Chinese stocks to the missing Jack Ma that we still don’t know where he disappeared to ...? a lot of conspiracy theories in that story.. Well with all this mess I choose to...
NYSE:BABA - MACD is showing sign of a reversal - Buy price $ 263 - First target $ 286 - Second target $ 315 - Stop loss $ 242
Creo que tenderá a subir en unos 4 días para volar a bajar y confirmar la ruptura de tendencia bajista. Por favor opinen
Massive buys today. China is nationalizing it, not much more to say. You saw the $NIO run. PT: $480 short term
The Idea is to go long for a long term investment.
Stock to Watch for 2021. #Alibaba #BABA $BABA The best time to buy Tesla stocks was when the SEC announced they were suing Tesla CEO Elon Musk on Thursday, Sept. 27, 2018. Looking at the chart, Tesla was at $52.95... right now $661.77. Alibaba shares are down 33% since China targets Alibaba with the anti-monopoly investigation. Could we see a similar stock...
$BABA #BABA This one I got stuck in the trade, but I am not worry too much about it, over the longer term it will go higher, technical wise, we dropped and hit the support levels. If you take a look at the charts, it hit the weekly 100MA and bounce off it. Also a previous resistance area that now is support. If you have a longer term outlook, this could be a...
- 50% retracement always has been respected (expecting the same outcome) - Expecting the same movement as in previous years. - Price approaching 1M trendline. - Watching the news, will get in after all the blabla.
Fundamental analysis for BABA is not good. They are going to be investigated by the Chinese government for abusing of monopoly position on the market. But the GAP on the chart should be closed. So I am expecting a pull-back to $260. Long term position should be considered. It seems to be the same story as FACEBOOK or GOOGLE sued by the US government.
broke the channel and made a pullback now ready for a sell
BABA bullish reversal coinciding with trendline support, immediate resistance at $280 gap.
Alibaba H4 - first Short (rebound from resistance 280 to support 252) then Long (rebound from support 252 back to resistance 280 and descending channel 286)
I believe BABA has shown us the first levels of its trading range at the $315 level and $255 level and I think this is the range we will see the strong hands start accumulation before the Ant IPO for the markup. I will be swinging BABA in this range until it’s time for the final rally up in its final phase of this range.