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.
It seems based on the last 3 weeks trend, october only BABA going to steadily stay on 300 and by mid of october or end of october cross 325.
It seems to me that BABA stock will increase in the next few minutes. Anyone who needs an advisor, I'm on duty. Note: (When I set the target and stop loss in a number that does not mean that the price will reach it, I only gave a buy or sell signal according to the analyzes that I performed in the chart and I delete it later, in order to share it with you so that...
BABA ascending triangle. Over $288. first PT $292 , the overall move is to $300 for the swing
Clear uptrend Support with a Corridor Breakout forming. Note that we might miss the entry as the price moved to $273.10 pre-market (as we speak) and we are placing a Limit Buy order, rather than chasing momentum. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $267.80...
Hello traders and investors! Let’s study BABA today! I see great potential on some Chinese tech stocks, and BABA is a good deal for sure. But since it is trading at its ATH, how to proceed? There are some simple strategies we can use here. First, if you are out, there’s nothing to do, but wait for a pullback. This way you’ll get a better price, and a safer trade,...
We have broken out past the uppertrend of the ATHs dating back to the IPO. Make your own trades but I am purchasing. Good luck
Wow what a good breakthrough and I expect it to continue ! I stay in for the long run on this one can easily double when the china tension goes away
Oye! Got gapped over this morning in this ascending triangle pattern. Not surprised actually. May have missed this boat (buy low, sell high), but hoping we get a retest back to around $268 to snag some bullish shares. What do you think?
Even though RSı is below the trend, $BABA is about to break the buy point of $265.98. if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx
Although this is a Chinese company that has many conflicts with the US right now, BABA has an absolute phenomenal balance sheet. This stock should be valued more than AMZN (in my opinion). Trend wise, BABA has consolidated and once breaking the $270 mark should make its run towards $300 quite swiftly. Long term i see this at $320 and then $400 next year.