Such a cool measured move!!! Toss a gap fill ontop and call me daddy, shorty.
Worth a medium investment for the mid term. A bit later then usual (okt - dec)! It's now low cap season and they are catching up the big ones! And maybe this was a hint? QUALIGEN THERAPEUTICS INC FILES FOR PROSPECTUS BY THE SELLING STOCKHOLDER OF UP TO 5.2 MILLION SHARES OF COMMON STOCK- SEC FILING Source: (bit.ly) NO investment advise by any means :-). Just a hunch!
Take a look at this beautiful chart. We are looking at the BABA chart on the Daily TF. Let's start out at the bottom of this chart where you can see the first measured move (purple measurement), which moved 36.30 points. Then, notice that the second measured move (blue measurement), if we extend it up to 36.30 points, it takes you up to the yellow line. The...
Alibaba has a nice potential setup here, which could trigger if we break over last week's high here. Stop can be tight as the move should have strong momentum. Reward to risk is over 4.43R, which is tremendous potential for a swing trade here. If it breaks down instead of up, this trade idea is cancelled, but we could find a short entry trigger, depending on how...
Alibaba Rose 13% yesterday amid news of Chinese regulators' approval to raise $1.5 B in its consumer finance unit. Of course, this is positive news for this stock. The rally will likely continue until the stock breaks its resistance level of $105/share in the next couple of months before it tries to fill the gap caused by yesterday's rally. Ps. This is not an...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Bullish Indications * Making HH and HL but no consistency * Inverted green hammer candlestick * Support = 86 Resistance = 89 Bearish Indications * Three red soldiers * Support = 86 Resistance = 89 * Double top chart pattern : Neck line = 86 Bias = Short Plan Entry @ 85.95 TP @ 84 SL @ 89
As mentioned in the previous analysis, Alibaba is in a large diametric that we are currently making the last part of the G wave. A contracting reverse triangle which wave D is completing. After another decline as E wave, one can think of targets above $200 as wave C
The Alibaba Group (BABA) is pulling back after being rejected not just on the 1D MA200 (orange trend-line) but also at the top (Lower Highs trend-line) of the Falling Wedge pattern holding since the October 20 2021 High. This is a huge Resistance cluster as the RSI on the 1W time-frame also got rejected near its 54.00 Resistance. Technically, if the 1D MA50 (blue...
Stock may have shown a loss of momentum after it started an upward trend in October this year. ALMA11 ALMA line is being tested and any confirmation at this line will likely drive the stock to re-test our 30-day-high price at 94/share. If it gets rejected, we may find this stock trading at 61-62 in the next few weeks. I will exit this stock in case of...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer...
I'm following $BABA since a while for now and I think that is one of the biggest companies in the sector. China has a lot a potencial but we have to achive some millestones before we breakout this endless falling we're suffering. I'm LONG $BABA from this point. Perhaps until 85$ where the POC developes.
The Chinese e-commerce giant is in trouble but, if it manages to get out of it and recover, this could be the most profitable investment in the coming decade. Trade safe!
Potential loading zone here. How did you do at the top? Respect the trend line
Alibaba - Short Term - We look to Buy at 87.66 (stop at 79.09) Broken out of the wedge formation to the upside. Broken out of the Head and Shoulders formation to the upside. Neckline support is 85.91. The formation has a measured move target of 113.48. Further upside is expected although we prefer to set longs at our bespoke support levels at 87.66, resulting...
If break down the upper channel here is the general area I look for my entry.