Alibaba dipped so much this year, I think we will see a very big uptrend this upcoming year.
if you have any feedback about the chart pls feel free to tell me:)
MY IDEA ONLY NOT A FINANCIAL ADVICE!!!
Love Yall :)
Alibaba oversold - RSI is low, historically this has preceded growth.
P/E and P/B are low compared to other industry players and historically. Stochastic RSI was also down so tomorrow may be good for a buy.
Debt to equity ratio decreasing. despite a bit of increased dept from a few Quarters ago.
Let's see what the next few days bring, likely will open a buy...
Alibaba is in the correction phase. After having broken the support line, we are correcting Fibo. In search of 61.80% and we still have 78.6% that is at 84 dollars. Now just expect a very visible figure or strong reversal pattern!
DISCLAIMER: Please note that my studies portray my personal opinion only and should be considered for educational purposes only. They...
BABA has retraced from its all time high a lot
This is ok, as it has provided a lovely buy opportunity (buy the dip)
I expect price to move up along the 4.618 circle, and make a recovery
Attaching my thoughts about how price tends to move up along the circle.
...
If Ali Baba goes down 130$ it can easily crash to 100$ than 87$ and than 60$
just hope is dont goes below 130$ because than its in free fall with no end in see
The Current Trend
Alibaba shares have fallen more than 10% in Hong Kong trading as the Chinese internet retailing behemoth warned of a decline in consumer spending.
The business predicted that its yearly sales will rise at the slowest rate since its initial public offering in 2014.
The poor results highlight the company's problems with rising competition and...
My perception of Alibaba's weekly stock chart as follows !
After a five-wave with three continuous shares, it enters a correction in the form of a second wave. This is formed as a flat with a big b wave. maybe just it want to make triangle to ready for powerful third wave .. so buying and maintaining it at prices from $ 140 to $ 150 is extremely...
BABA trying to break the resistance line! Looking to crate a higher low, so that we change the down trend! If it breaks the resistance line it will have a great upside move! Also waiting for the results coming out on the 18th which will decide its future! Positive results, will lead BABA faster to the upside move! Big investors and hedge funds are already in, its...
BABA forming an inverse Head and Shoulders pattern
with a slightly higher high. If price closes above $173
on 1hr chart I may get in. Probably bounce around a bit near
the neck line. If neck line breaks, My target 1 would be just
under $200,
Target 2 would be about $225,
Stop Loss would be $152.
Thoughts???
BABA has been beaten up to death punishing long term investors. Regardless of the noise, a wolfe wave pattern has been identified on the 2D time-frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is...
Welcome to our Weekly V2-Trade Setup ( BABA ) !
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4 HOUR
Alibaba group undervalued currently.
DAILY
Most investors panic selling.
WEEKLY
Overall great technical setup!
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STOCK SETUP
BUY BABA
ENTRY LEVEL @ 168.02
SL @ 151.47
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our...
Chinese e-commerce behemoth Alibaba Group Holding has become one of the top investment trends of 2021. Over the past year, the company's stock has dropped more than 50% of its value, almost inaudible for a company of this size and status.
The stock recently rebounded 15% from its 52-week lows, and investors are curious if the drama is over. And today's review...
NYSE:BABA
Fundamentally great, sentiment overreacted previously.
With good news coming up and QR, recovery is needed. Monitoring closely if able to breakout to uptrend.
With monthly - weekly - daily momentum all in oversold territory, BABA is currently sitting just above a crucial support on the weekly chart.
I will be expecting a bounce and spending some time in the highlighted area for a while..
I'm on the long side as it has more probability in my point of view and last weeks close was a gravestone doji. I think we are...
