Alibaba ( NYSE:BABA ) just rejected a major resistance: Click chart above to see the detailed analysis👆🏻 A couple of days ago Alibaba stock perfectly retested a major previous resistance level after rallying +45% just within a couple of weeks. We can first see more bearish movement and maybe even a retest of the trendline breakout level before Alibaba will...
If Alibaba (BABA) returns to the green zone, there’s potential for a rebound, creating a good opportunity for a long entry. This zone is important as it coincides with the monthly open, and buyers are likely to step in at this level. Strategy: I’ll be watching for a pullback to the green zone and will consider going long with confirmation of buying activity.
Weekly chart, the stock NYSE:BABA is trading in a symmetrical triangle, and is heading down to the support level. I think the 100 or 89 levels will be strong enough to reverse the direction; to hit the resistance line R at around 117. Closing above R for 2 weeks (above 118), the target will be 184, passing through the resistance levels 138 and 170 Consider...
Alibaba ( NYSE:BABA ) finally broke above the bearish trendline: Click chart above to see the detailed analysis👆🏻 Alibaba is breaking out and the breakout is not unexpected whatsoever. For a long time, Alibaba has been hugging the resistance trendline and finally managed to fulfil its destiny. This could very well be the bottom of the bear market and the...
baba might be the setup i'm attracted to the most. showing strength at the decade low. expected this to break the downward trend any time now. looking to the fill the gap up around $84 by eoy.
www.tradingview.com BABA just overbought made lot of gaps, yes it may not cover all gaps from $80 breakout but $100 psychological support would be a nice test to make further new highs.
NASDAQ:JD Price action is a sign of strength today - whereas pundits said Chinese markets will open weak. I love what we're seeing today and have updated our upcoming resistance points to consider profit taking. They are as follows (est.): $46, $50, $60. On continuing strong VOL, this name should continue to feel the love!
BABA (and other chinese stocks) continue with Bullish momentum Successfully formed Higher High Higher Low and EMA20 crossing above EMA50 on weekly chart indicating long term Uptrend since April 2021. Price structure formed Support and Resistant at every 20$ Range. Breaks psychological 100 resistant with strong MCDX banker volume. Exposing next target at...
Alibaba despite today's correction, remains massively overbought both on the 1D technical outlook (RSI = 81.819, MACD = 5.940, ADX = 34.506) and on 1W (RSI = 75.158, MACD = 5.970, ADX = 33.938). As the price almost reached the 1W MA200, we expect a technical correction near the 1W MA50, which is the pattern the stock followed on its previous historic expansion in...
Alibaba Group (BABA) Share Price Rises Over 30% Since Early September As shown on the Alibaba Group (BABA) stock chart, the price surpassed $107 on the NYSE on Friday, after trading below $85 at the start of the month. Bullish sentiment surrounding Chinese stocks is driven by the authorities' plans to stimulate the country's economy: → According to Benzinga,...
We are currently experiencing a phase of stagnation with Alibaba, as the stock remains in a new accumulation phase after breaking out of the previous one. The price might retest the Point-of-Control along with the trendline that was broken during the breakout, potentially providing a good momentum boost. Despite the sideways movement, our position remains...
We've been full bull China since early spring of this year and this chart here represents our macro thesis. We've posted about AMEX:FXI before and it's potential swing move of 75-100%... This chart here is AMEX:FXI vs SP:SPX on macro HTF. We believe this chart represents a macro bottom of china relative US equities. Last night, China announced a 50 bps...
Alibaba (NYSE: NYSE:BABA ) saw its American depositary receipts surge by 5% in premarket trading on Tuesday following significant news of China’s central bank stimulus and a strategic partnership with Nvidia, pushing optimism for the e-commerce giant's growth prospects. The People's Bank of China (PBoC) slashed key interest rates and injected liquidity into the...
In a bold move that underscores its commitment to innovation, Alibaba (NYSE: NYSE:BABA ) has unveiled over 100 new open-source artificial intelligence models, including a cutting-edge text-to-video generation tool. As the tech giant seeks to outpace both domestic and international rivals, this new release reflects its ambition to lead the global AI race. AI...
China stocks have been beaten up in recent years as the US equities leave them in their wake. From hearing NVDA is larger than the entire china equity market, to China will always be in a bear market…are we finally into enough of support to see a material rally? BIDU is hitting a monthly support . This also happens as the US markets could be running into a...
Alibaba continues to position itself as a dominant force in e-commerce, cloud computing, and international growth. With new developments and expanding global influence, the company offers significant upside potential for investors & business owners and consumers. NYSE:BABA [Financial Performance: Revenue Growth: Alibaba reported a 5.9% year-over-year...
NYSE:BABA dropped roughly -75% after it broke the long term trendline towards the downside back in 2021 before it found some strong support at a previous horizontal support level. Click chart above to see detailed analysis 👆🏻 Bulls are still not giving up on Alibaba and after the strong retest and reversal of the all time low back in 2022, Alibaba managed to...
China's State Administration of Market Regulation (SAMR) has officially concluded its antitrust investigation into Alibaba, indicating satisfactory compliance by the e-commerce giant with anti-monopoly laws. This investigation, which began in 2021, resulted in a substantial fine of 18.23 billion CNY (approximately 2.6 billion USD) due to practices restricting...