WATCHING $BABA for @ 198.52 Little shooting star candle too might just push it there... 💫 ———— I will repost when it get’s closer (or if I take a position)if it goes that way and if it makes higher highs I’ll repost with new entry.
I bought a week ago at $212. I plan on picking up more shares if it hits $200. My price target is $300.
BABA could drop further tonight. Using time analysis, the down wave took 10 days and the recent retracement took 5 days and it touched short of the 50% retracement. down target is 180.
I know this rumor isn`t new, but makes us think a little bit about WISH`s valuation. One person close to WISH`s Insiders said Amazon offered $10 billion all-cash to buy the company, and Wish's CEO didn`t agree. Looking at today`s Market Cap of only 6.438Bil, i would say that from a valuation point of view you can buy it cheaper than Bezos now. My short term...
Going off my last tweet about Tesla. This is another one I'm not playing, just going to watch to see how it plays out because I found the repeat intriguing.
BABA in weekly is currently forming a falling wedge. We would potentially be ready for a wave 1 after that downtrend, 200 area acted as a support recently, if it can hold again we could potentially start wave 1. I would like to see MACD turning bullish with RSI back over neutral level first. BABA earnings is August 19th, a good report can be the catalyst for the...
Looking at the global chart of Alibaba Group shares, it appears that the 38% corrective fall is reaching its logical conclusion. During the fall, each renewal of the minimum was accompanied by a decrease in trading volumes, and the "Bullish Pennant" pattern is formed on the chart itself. The target for working out such a pattern is in the region of $265-285,...
BABA 1D I Testing the $205 area for the third time, could be seeing a triple bottom before the breakout from this falling wedge. NOW 1D I We could be seeing a possible inverse H&S, Watching above the $567 level for continuation and possible retest of $600 before its ER. GLD 1D I After breaking out from a bull flag back, we are seeing GLD retrace back and...
Baba has recently had a failed breakout. It has then fell below all moving averages and has even broken below the strong support line and is currently back testing it as resistance. i cant see any news even good earnigns wont help baba at this point. Short?
Alibaba (BABA) has been in a free fall down 36% since October 26th, 2020 when rumors began circulating that he had gone missing or had been arrested by the Communist Chinese Regime (CCP) that same month. Another factor that helped led to the sell off was rumors that Alibaba might be delisted form the NYSE. On Thursday (BABA) fell below $200 which had been a key...
$BABA is a buy at these levels, The chart has completed a 61.8 retracement and price action has consilidated into a falling wedge, Target 1 is $243 Target 2 is $273 I'm trading this one using call options.
(Opinion Only) Open gap above at $118 + a bullish reversal weekly candle. If EEM and PDD gap up next week where PDD is above $113 this will likely run to $118 to fill that gap above. A lot of bullish unusual options activity in this name today.
(This level brings us back to 2018 Highs) Valuation is extremely compelling. Eventually rotation into the only place where valuation is compelling will be the only place to be. Second half of 2021 this will break-out. We are sitting directly at the 200week Moving Average (200.10)
Alibaba has bounced off its 200 week ma. Fighting hard to hold onto its uptrend & Horizontal weekly support between $209 and $212
HKEX:9988 It looks like reaching 191.8, next stop 186.7 and 172.4. Who knows which level will rebound? Add while it is low. US side trend shows it reaching bottom support for a great rebound. Invest at your own risk.
NYSE:BABA It seems $BABA want to test $191. Based on history since IPO, the share price is in an upward trend. But there is 2 times the candle overshoot the support. Expect the same, will drop to around $191 before a rebound. Fundamentally great, can't go wrong unless China forces BABA to close which is impossible.
NYSE:BABA Bet on the good stock with low risk! The we need is . 30 - 50% return in recent years! For what it’s worth, it’s never too late. Hey! how many times you shop and search for some deal in the Lazada app? within the Covid-19 struggled you at home. In Europe and America may not many... but if you are an Asian guy I believe that you open this app bold...