South Korea's government has signed an agreement with Alibaba's, AliExpress, and PDD Holdings' to promote product safety. The agreement comes after heightened regulatory scrutiny of these Chinese e-commerce platforms, which have significantly expanded their user base in South Korea. Safety inspections on products sold on these platforms detected harmful...
Alibaba's co-founder, Jack Ma, has emerged from the shadows to pen a morale-boosting memo to employees. This rare move comes after years of maintaining a low profile following a tumultuous clash with Chinese regulators. Ma's endorsement of Alibaba's sweeping restructuring efforts marks a significant moment for the tech giant, prompting a surge in shares and...
Alibaba ( NYSE:BABA ), China's internet giant, has made headlines once again with its recent fiscal third-quarter earnings report. Despite market volatility, the company showcased resilience by surpassing revenue expectations and announcing a significant increase in its share buyback program. However, amidst these positive developments, BABA shares experienced a...
In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Having said that, from a first glance at Alibaba Group Holding (NYSE:BABA)...
Alibaba Express Surging in Bullish Glory
Alibaba Express (BABA) is on a remarkable bullish run as e-commerce roars back to life. The stock's resurgence can be attributed to robust earnings, strong sales growth, and expanded international reach. Technical indicators like the Relative Strength Index (RSI) and Moving Averages are firmly in the bullish zone, affirming...
BABA... so much attention lately.
Step 1
It would be pretty right to say, that most people have bought BABA at higher levels, 150-180$.
This was before the big recent fall.
This was step 1 - entering the stock before the collapse.
Step 2
We are heading to the next step, which could be not very planned, but considering the circumstances, becomes...
Shift has come - from this moment on, BABA will start it's rise (my prognosis).
The reason for this assumption is the very positive PE ratio, which was not hurt by the price fall.
BABA seems very healthy financially, as if it was buying out own stocks during the fall.
So my guess is that those who will still the opportunity to get the stocks for 130$, will catch...
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,
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...
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...
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...
the price channel showing the price is going to hit resistance line the go back to the up trend line for a push then the price will go up if it didnt break the resistance trend and go down
