Two rules: 1.Don't lose money 2. Don't forget rule one This share is undervalued - Check Softbank is gradually reducing their large stake - Check This share had lost momentum to the upside - Check Break below wedge for a new 52 week low - Check
Yesterday the community entered a long on BABA after we backtested a key level of significance and the falling wedge as support. The chart is prettty good, a completed harmonic below support, spring and break of the falling wedge to get above support before backtesting that level as support once again, whilst at the same time showing bullish divergence... No...
no stabilization fund SPY DOW are dazzling while this issue seems to be abandoned by speculators until it goes sub 100 interest should kick in
Inside year, see how BABA got stuck in between the high and low of 2022 going nowhere, you can hear Rob say.... bearish shooter look on this yearly red inside bar ugly sure, it might get taken back up, but let's start with a reversal quarter first and we'll go from there taking out the low of '22 seems more likely at this point let's see, no predictions
The recent performance of Alibaba Group ADR (BABA.N) has raised eyebrows among investors, as the stock is currently in a falling trend channel in the medium to long term. Despite the negative sentiments and challenges faced by the Chinese e-commerce giant, there are compelling reasons for buyers to consider the stock. We will delve into the key factors that may...
AMEX:KWEB the Chinese stock ETF is looking like a due or die situation here. The negative is that it is in a longer-term downtrend. It is now just hitting the underside of the 50 DMA; it is below the 40 Week MA and nearing the top of the downtrend channel. Here are the positives; it seems to have stopped the downtrend with a slight undercut and rally from the...
Bought Chinese tech stocks last week because they are cheap and appear to be at technical bottoms.
Chinese stocks have been hurting from China's deflationary economic environment, as well as the Biden administration's restrictive measures for AI chips to China. I believe these factors have caused Chinese stocks to become extremely undervalued. BABA is currently within my buy zone and is starting to show some bullishness. The price is near the lows of the...
Looks like BABA is going through Wyckoff Accumulation Schematic #1. Lows to be broken via Spring and then new bullish trend to emerge
price movent to $95 mid end December!!! Alibaba has been beaten up past month or so its looking like a reversal also xabcd pattern showing up movement as well,
Made a small pullback from the weekly lows. Would be nice to see healthy RSI trend break to bullish direction. Expecting to see some nice action from recent S/R zones and price gaps (not visible on HA candles).
Our pivot point stands at 74.90 Our preference Short term rebound towards 79.90 We are looking for a recovery for $ 99.03 We are looking for 498.08% Profit Target on Sprad for 17 June 2024
AMZN Buy Alert Both ITM Call for 16 Feb 2024 Buy Call Option for $ 135 and Sell 1 Call for $ 140 Net Debit $ 3.65 (Profit Target 36.99%) Out Pivot stand at $ 127.90 and Year end target $ 160
Hello Traders, My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻 ------------------------------------------------------------------- ➡️In today's video, I will analyse Alibaba for you🫡 ------------------------------------------------------------------- ➡️Let me know your opinion about today's analysis...
🚀 Alibaba - Inverse Head and Shoulders ✅ TP1 - 120$ ✅ TP2 - 180$ ❌ Stop - 77.77$
BABA has broken out of a descending wedge and had a retest of support with bullish RSI divergence. Stoploss at last swing low and will be moving SL to BE when safe to do so.
--- ### Stock Analysis Update: Alibaba ( NYSE:BABA ) Approaching Double Bottom on Weekly Chart #### Potential Double Bottom Formation for Alibaba Investors tracking Alibaba Group Holding Limited ( NYSE:BABA ) should take note of a significant pattern forming on its weekly chart. The stock is approaching what appears to be a double bottom, a key technical...
Alibaba still making higher swing lows on the daily. We recently broke out this falling wedge but have come back to retest the breakout. Important level to hold if the bulls want further upside. Results on 16th November could be a catalyst for a larger move