BABA has displayed a bump and run, a diamond bottom and a triple bottom all while maintaining its current uptrend, this diamond bottom has led to bullish continuation of the uptrend. Further upsides expected as it pushes through the trend area.
First Cypher pattern identified, an immediate bearish move is most probable, as a retreat from the C > D wave. Learning everyday! Tips / improvement areas welcomed.
BABA reversed off its resistance at 200.81 where it could potentially drop further to 169.78.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA reversed off its resistance at 194.12 where it could potentially drop further to 169.78.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Likely levels for BABA to float to EOY to early 2020. Based mostly on Fibonacci levels and BABA's usual volatility.
I lean to the long side due mainly to the trend and CMF. I'm looking to buy calls due to the squeeze, after a pop I'll look to sell cheaper calls against it to take some profit.
BABA will also begin trading in Hong Kong this week I believe. We'll...
BABA is expected to drop to 1st support at 192.55 where it could potentially react off and up to 1st resistance at 171.14.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA expected to rise up to 1st resistance at 192.55 where it could potentially react off and drop down to 1st support at 171.14.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA is approaching its resistance at 183.52 where it is could reverse down to its support at 169.26.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA is approaching its resistance at 178.91 where it is could reverse down to its support at 168.27.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA is approaching its resistance at 178.91 where it is could reverse down to its support at 168.27.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA bounced off 169.93 where it could potentially rise further to 178.91.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
BABA reversed off its resistance at 175.35 where it could potentially drop further to 148.85.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Economics/social conditions in nHK makes for a bad year for CCP—Economic analysts put it near worst in 27 years. Honestly I’m terrified because the situation is boiling up and tensions are rising between both sides for many different reasons systemically as each day passes
What did I say about $FB 2 days ago? $TWTR $MSFT yesterday?
Exactly
.
Today...
BABA is expected to drop to 1st support at 168.74 where it could potentially react off and up to 1st resistance at 175.75.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Alibaba has made a good bounce on the 180 EMA acting as a support line at $167. With Baba's current upward trend, it will be a good opportunity to capture 5% within the next 1-2 weeks.
24-Jun
Investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.
Today's S&D strength...
Short Term Elliott Wave view in Alibaba is bullish with the rally from February 8, 2019 low ($163.58) unfolding as an impulse. Furthermore, the cycle starting from January 23, 2019 low has not reached 100% target, thus still favoring further upside. Near term, rally from Jan 23 low to $171.05 ended wave ((i)) and pullback to $165.09 ended wave ((ii)). Wave (( iii...
