Falling Wedge Setup $BABA is forming a falling wedge which should see price retract to the top of wedge at $292 and then at $295. Simple Setup, Simple Trade. BTO $BABA 10/9 $290c avg $3
Previously broke out from inverted h&s, now testing overhead resistance of 300, double-bottom, need strong upward momentum to justify solid breakout, eyes on the trade. Fundamentally company still has potential growth, earnings remain strong, cloud business will be next winner Please get professional advise, this is for personal use only Leave a like or dislike,...
great buy spiked up from the weekend! now running +3.35% acc gain Stocks strategy file now released! below youll see our list of stocks we have found optimal settings for! Amazon Apple Tesla Cineworld Facebook Netflix BABA US30 DAX - DE30EUR US500 NAS100 SPX500USD Google ROKU UK100 BA - Boeing Zoom ZM Barclays SELL triggered on BABA at 276.95 RUNNING account...
About one month before the annual 11/11 event. Trying to establish some BABA long position is never a bad idea, here we got this weekly demand zone long set-up. Approximately 10% risk trade, kinda a standard risk for investment. Let's see how it goes yo!
BABA 1 day chart. I am new to trading with less than 1 year experience.
BABA is consolidating in a falling wedge within a larger uptrend. It will experience upside price volatility if it can resolve upwards. There also appears to be bullish accumulation / distribution divergence forming over the past week. This cummulative indiactor indicates how supply and demand factors are influencing price. In this particular case there may be...
If it can get back in the channel that would be really bullish, I'm liking this one.
Head and Shoulders bearish pattern on daily, below the neckline would be confirmation ($41). The november put/call ratio is 2.75! The fib retracement is at the .50 fib level. Keep on eye on this breaking lower . Good Luck!
Hidden Divergence = continuation trend for the bulls, with a MACD bull cross as a kicker. BABA looks primed to continue it's lucrative run for the near future.
Its resisting and support continuously for past week and this week also it seems to be the same. hope for last week of September to cross 300. By considering the COVID vaccine positive news, the probability of going down is less but still unperdictable. But for sure, like other saying it wont go till 250, will stay on 265 to 280 margin.
BABA is sitting at critical support. I believe we have just finished the overall market correction and now there will be some pretty high volatility. I suspect bullish movements for the next 2-3 weeks before another potential correction or consolidation. If it does not bounce up tomorrow and falls below 267.20ish, then look to short or buy lower. Overall, BABA...
The price didn't break the Support/Resistance Zone and can start rising from this place. The condition to open buy: the daily candle touches the zone with huge ATR. But, if it will approach slowly we should wait for the breaking and Sell signal. Push like if you think this is a useful idea! Before to trade my ideas make your own analysis. Thanks for your support!
After hitting a double top pattern, BABA is heading back down to its support line. Watch it at the 252-253 range, at which point it should bounce. Both the RSI and trend lines indicate that the stock could and probably will fall further. For investors wondering when the best time to cash in on profits, I would set a stop loss at the 250-251 range. I would...
BABA recently began a new impulse wave and finished the second leg of the wave. Second leg was the correction today. The Third leg resumes tomorrow. Target is $310. Stop remains the low today below $289.