Hello traders, Description of the analysis: Alibaba support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options....
Alibaba shows no signs of weakness, only strong buy momentum. Technically: price broke an important pattern which support the continuation of the bullish wave. Congratulations Buyers!
Originally, Alibaba was on its way to conquering Target, but a sudden move on the US side made it lose momentum, now it has regained the confirmation pattern "SHS" and continues to go up. BABA BUY : $212 STOP LOSS : $206 for margin STOP LOSS : 198 for investing long term TP : $250 +- $5 Wish you good luck! .
I am expecting to see a double top form around the 08 area and ill take my proffits then Ill likely go short first target down lower at 79.66 2nd target lower @ 74.15 what are your thoughts?
China is on its way to recovering from the Wuhan virus and we expect economic activity to pick up. While the USA faces the Chinese virus head on, it's best for investors to focus on plays that won't be affected by what's happening in the US. $BABA will benefit and the stock will head back to where it was trading at before. With Softbank selling some of its...
🔹Broke out of a 1.5 year base from a bullish pennant 🔸Bounce off weekly 20MA 🔹Holding above all time highs 🔸264-ish target
BABA bounced off 215.12 where it could potentially rise further to 230.40. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Gap fill into a bullish pennant? In my opinion, BABA will surprise on earnings day. Too good to pass and is highly undervalued in my opinion. PT: 245.00
BABA bounced off 214.19 where it could potentially rise further to 224.65. 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 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.