If will go up then there are obvious two levels of TP. I am more interested if my timing projection is correct. The second scenario is the opposite. Could go sideways of course but that's no fun to forecast.
1- 61.80% FIB , the price didn't goes lower than this point. 2- 205 to 212 important support area . I think it is good to buy from this area , target 1 : 245 target 2 : 270 target 3: 310 but I don't know if China Government will accept that...
Hello everyone, I hope you're having a great weekend so far. DISCLAIMER: I AM NOT A FINANCIAL ADVISOR. THIS IS NOT INVESTMENT ADVICE, I AM SIMPLY PASSING ALONG RESEARCH I HAVE GATHERED. BUYING/SELLING POWERBRIDGE TECHNOLOGIES ($PBTS) WOULD BE AT THE DOING OF YOUR OWN. PLEASE DO NOT INVEST BLINDLY, NOR USE THIS AS YOUR ONLY SOURCE OF INFORMATION. *** I...
BABA ended the week strong with heavy call volume near Friday's close. Since last time I charted BABA, it dipped into my buy zone near the fib level and bounced fast. Notice how it bounced off the Oct VWAP from last year. Also notice how the weekly high is the 21 EMA, which is telling of this swing. Without an active sequence, it will be hard to tell as of right...
I'm in 10 leaps of BABA. It's been in downtrend and silent for a while, but seems like this baby woke up! There's so much volume and strength, we need to break through the $231 resistance (100 SMA ) and then we're going to continue to another strong resistance $249 (200 SMA ). Plus the MOMO algo signal went long.
I'm in 10 leaps of BABA. It's been in downtrend and silent for a while, but seems like this baby woke up! There's so much volume and strength, we need to break through the $231 resistance (100 SMA) and then we're going to continue to another strong resistance $249 (200 SMA).
Hello Traders Investors And Community, Welcome to this analysis about Alibaba in which I will look at the 12-hour timeframe perspectives. Since the Alibaba founder, Jack Ma moved into isolation because of a government critical speech the stock developed an exceptional downtrend with bearish alignments mainly reaching the 205 level. Now as there came news the...
BABA 1D I BABA broke from a massive falling wedge established last year, and its ready to run up into its earnings. AAPL 1D I We saw AAPL break from a triangle pattern and retest the breakout just to make a higher high. Expecting to consolidate near $130. NFLX 1H I After seeing a consolidation near the $500 price level, we saw NFLX make a push last week to $530...
Baba has been rejected from the resistance over 5 times and this time its broken out with higher volume, rsi reaching over 90 on the 1 hour chart and it closed above. Everything here looking like a tech run in July. I suspect it to retest the 224 support and if we see a big drop it still has between 220-215 support now. Looking very bullish imo
ABA has broke the trend and will move in upward direction. Based on Elliot wave count analysis 1st Buying level - 223.13 - if it cross this level, then will touch 232.51 2nd Buying level - above 236.59 to 239 - if it cross 239 then will touch 245 ( Target July 27 to 5 Aug ) Note : There will be a minor pullback once it touches 232.
BABA consolidation right now, and possible trend line breakout in play
NYSE:BABA $BABA broke a half-year downtrend. Currently, only go up.
Alibaba got hit hard this year, but now seems to show some signs of a possible HTF reversal. Currently breaking out of a beartrendline that has been rejecting price for over 6 months now. RSI creeping past 50 and i'm feeling kinda bullish for $BABA.
- Continuation to be seen above 215.40 - First target set at POC from Volume Profile @ 228.45
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: My team has been following Alibaba for the past few months. We...
The fundamental for the company is still bullish. * News of customer data leak didn't send this crashing down and historically the market is relatively tolerable towards data leaks . * All regulatory fines are settled and Jack Ma's lack of presence is at least indicative that he acknowledges a positive correlation between BABA's success and his attitude towards...