baba dead. confirmed wave 3 impulse going down impulse down means a larger correction is at play this is my projection going forward not sure how long it'll take to play out, but this downward channel has held confluence quite nicely for the duration of this dip ~ wave A target = $109 wave B target = $187~$212 wave C target = $70~$80 once this correction is...
Entry: 103-105 Stop loss: closing below 100 Reward/Risk: 3 Target range: 120 Time Frame: 2-4 wks Possible gain: 15% Possible loss: 5% Position size: 5 % of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified...
Continuing the previous analysis Analysts of last part
We might be close to the bottom. 90-80 is a good buy range.
BABA almost touched my $98 price target from this post: My forecast is a reversal to $116 level before dropping to the 2016 area of $86. You can spot the bearish trendline in the chart. Looking forward to read your opinion about BABA.
Clear head & shoulder formation for Baba that has broken through a support of approximately 110 and will likely drop to 86. Additionally is to consider falling volume.
Based on wyckoff accumulation pattern I believe BABA is at Phase C where a sharper price fall will provide a final shakeout of weak hands before providing the spring to reversal. HKEX has finally reached down to long term support. Purple line has provided support since the 1990s A closer look at weekly chart -- will support hold?
I'm going to start buying KWEB aggressively after this has just broke down on that support line China Tech ETF
A three-wave ascent and then a diagonal drop indicate that we are in a larger scale in a triangle or structure. + Personally, my entry strategy is wait for the conflict and corrections of the indexes to end and see a confirmation of the end of the downtrend, and I confidently enter with a heavy volume ... because it has good conditions for entry ! +The...
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and...
If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake. Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake. Then you should know...
$BABA lower makes sense at least to pick up all the stop losses under 108, but personally I believe it goes lower than that. We shall see.
MSFT 1D I We have a possible head and shoulder pattern in formation on the daily chart for MSFT. The neckline is near $280, a break below can take us to $260. BA 1D I Just as we expected we saw BA retrace to our $205-$210 support level. Overall, it is showing strength relative to the market, indicating the bull flag might break. BABA 4H I Currently down more...
VCP pattern emerged in this BABA daily chart. Long above 127. Target 138 and above. Mark Minervini is the reference guide to what is a VCP setup.
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...
$BABA preparing to complete major correction & start its first leg of grand super cycle (III). A sleeping giant and the real Amazon-killer getting ready to wakeup. Should find support ~$100 area. Charlie Munger LOADED up on BABA stocks, and U should too NFA . DYOR. Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to...
im not really bullish yet, still the price is trading with a really LOW PE RATIO , the stocks still risky because the situation in china is something that we can really manage...but so far the pattern that we are forming so far , since we are in a price witch is super undervalue , i expect baba to start moving higher from here, is not a financial advice. is just...
If you think most charts wont look like this sometime in the next 12 months I don't know what to tell you. Most have just started breaking down from trendlines. maybe the BABA chart has been telling us something for a while. Stay safe, risk mitigation and wait for the set ups to play out. Don't need to pick the bottoms.