BABA passed wave 5 in the Resistance Zone , and I expect that it will go DOWN to PRZ ( Price Reversal Zone ) & near the SMA 100 ( Daily Timeframe ) after breaking the Important Support Line . Also, we can see the Regular Divergence (RD-) between Price and MACD Indicator . Alibaba Group Holding Analyze ( BABAUSD ) Timeframe 4H ⏰ ( Heikin Ashi...
As RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position. Entry: when the price retest the support level; Target: at the resistance level; Stop loss: as in the chart (6,22%).
BABA had strong earnings and beat earnings expectations. The stock popped and retraced back however it is showing nice support on that right shoulder along with XPEV and & NIO. I like these stocks as a buy here and think they can easily reach the neckline resistance by the end of the month. They They have all broke their respective downtrends. XPEV & NIO have...
BABA has made a strong reversal Broadening Wedge I see this reversal continuing, letting price hit the middle dotted trend line and then forming a nice support above 0.5 Very cheap buy the dip scenario
Alibaba Group Holdings Ltd. ( NYSE:BABA ) Sector: Retail Trade (Internet Retail) Market Capitalization: $309.183B Current Price: $117.62 Breakout Price: $120.00 Breakdown Price: $85.00 Buy Zone (Top/Bottom Range): $102.65-$87.00 Sell Zone (Top/Bottom Range): $113.80-$124.95 Price Target: $128.40-$131.70 (1st), $167.50-$171.10 (2nd), $15.70-$14.00 (3rd) Estimated...
Keltner Channel is looking upward which is typically a good set up for long position. RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone. MACD seems to be losing strength but always above the signal line. Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the...
$BABA's technical strength is improving in the weekly chart. Some of the key things to look at: Improving relative strength to SPX. It started falling in-line with SPX several weeks back (horizonal RS line) and has been outperforming SPX in the 70 trading sessions (upward slope RS line). Breaking out of a descending parallel channel. Breaking its weekly...
Alibaba Short Term - We look to Buy at 102.52 (stop at 92.78) Dip buying offers good risk/reward. Trading volume is increasing. Previous support located at 100.00. Trading close to the psychological 100.00 level. Our profit targets will be 138.58 and 164.00 Resistance: 120.00 / 138.50 / 180.00 Support: 100.00 / 83.00 / 73.51 Disclaimer – Saxo Bank...
NYSE:BABA Here we see BABA with a breakout of the weekly supply line that has been holding this stock down for so long could this signal a reversal for china stocks? either way this ticker has been at a low risk area for a while now and it looks like it is gaining some momentum despite the current market conditions. let me k now what you guys think in the...
According to my chart analysis , Baba Ali Baba Show strong signal to buy , buy max as you can .
Similar drops in red, the first and the third are the most comparable The third drop has pushed price down, right back to the first drop point A new cycle should proceed, as this pattern sequence completes itself
hello friend its a probability if you understand price go with small qty.....
hello friend lets see how we should plan on this stock for this week market is look like positive or what??
#alibaba weekly analysis where market bottom is how we need to plan for this week
hello friend make sure you stick to the SL its volatile stock can be go down if risk to reword suit you then go with small qty
Hello everyone. Today Lets take a look at Alibaba 1W Chart. What do we see? 1. First of all, currently we are in descending channel , there is no rally that changes the behaviour (from bearish to bullish ) yet. Thats a fact. 2. Recently we saw good 1w bar with big massive spread and climactic volume . What does it mean? This might be a zone where Composite...
Everybody knew 77 was ridiculous level for this name to see when eCommerce was booming WW. But when the risk appears in the percentage terms in front of you...its hard to justify the buy. The core of how the titans of the investing world operate. Value is the most when retails is the most scared to touch anything. This applies to many chinese names. Not all of...
we can see BABA bottomed. We can see highest volume since 2015 listing with huge reversal candle. I personally looking for longs