based on the price pattern has been formed in the last 3 years, the most likely scenario is what is shown by the blue line marked on the chart.
due to the last move of the price and disability to catch the Last High which is marked by the orange line, market structure hasn't changed and downtrend is still continuous.
so i'm expecting a new low and all of the...
Alibaba - 30d expiry - We look to Sell a break of 79.38 (stop at 84.38)
The primary trend remains bullish.
The stock is currently underperforming in its sector.
This is currently an actively traded stock.
Daily signals are bearish.
We are trading at oversold extremes.
There is no clear indication that the downward move is coming to an end.
79.48 has been...
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Following the release of Alibaba's latest earnings report on May 18th, the company's stock encountered a 5% decline. In the fourth quarter of fiscal 2023, which concluded on March 31st, the Chinese e-commerce and cloud leader achieved a 2% year-over-year increase in revenue, reaching 208.2 billion yuan ($30.3 billion). This figure surpassed analysts' expectations...
BABA H&S playing out well so far.
I will probably be entering more here.
Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation.
Definitely a good long-term hold here.
Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase...
If you haven`t sold BABA here:
and bought it here:
Now Analyzing the options chain of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 90usd strike price Calls with
an expiration date of 2023-6-16,
for a premium of approximately $4.45
If these options prove to be profitable prior to the earnings release, I would sell at least...
BABA weekly and hourly charts
Ugly wick so far on the weekly rejecting the 21EMA, Nice looking flag forming on the hourly chart. I like this short set up here. Looking to take this green to red tomorrow. Would love a retest of the 21ema on the hourly or that 87 area to get a short entry. Aiming for day 2 continuation down. Targets are 83.5 and 81.
BABA daily and hourly charts
Got my eye on this 79.5-80 support zone. In March we had a decent bounce up to 105 area off of this level. Today we tapped that 80 zone again for a small bounce. I'd like a retest of this area to open up a swing position long with a tight stop under 79. Looking for a remount and close over the daily 9EMA at 83.61 to confirm some...
Here is another chance to open a new positions in NYSE:BABA since we are in a strong demand zone and it is going to react with this price zone
Also it is making a Double bottom in this range same as the range in March
and the target for short term is as shown on the chart as well my final target for long
term is in 165 ranges
SHORT
The Alibaba (BABA) share price has struggled so far in 2022, falling by 44.7% year-to-date (YTD).
Chinese e-commerce and technology sectors are facing fresh challenges: The Nasdaq Golden Dragon index, which tracks US-listed shares in Chinese companies, shed a record 14% following announcements that Xi Jinping has extended his rule to a third term as...
Alibaba, one of the world's leading e-commerce and cloud computing companies, has a rich corporate history that is sure to capture the attention of many. Founded by the charismatic and unconventional Chinese entrepreneur Jack Ma, the company was able to attract investments from the likes of Yahoo and SoftBank during its early days. However, it wasn't until its...
