Hello Traders and Investors, today I will take a look at Alibaba. -------- Explanation of my video analysis: Back in 2020 Alibaba stock created a textbook breakout of an ascending triangle formation which was followed by more continuation towards the upside. Then Alibaba stock topped out in 2021 and we saw a massive decline of -80% from the previous highs. At...
Hello Traders, welcome to today's analysis of Alibaba. -------- Explanation of my video analysis: Starting in 2016 Alibaba created a pretty obvious higher timeframe bullish reversal which was followed by a crazy bullrun on Alibaba stock. In 2021 Alibaba broke below a major bullish trendline and dropped more than -70%. If we see another bullish reversal at the...
VideoAnalysis. Have we bottomed or heading to $50. Please let me know your thoughts about this stock. Thanks BigMike
- BABA potential Weekly / monthly inverse H&S shaping up - need to form weekly uptrends first - 4h EMA 12 short term uptrend guide.
Hi everyone, China this am came out with a better tone toward their tech industry and markets. Assuming that geo political events do not get worse between the USA vs China. I am making a Long term asset accumulation bet on Alibaba 1) I discuss straight stock asset ownership vs 2) Getting an income by selling the deep out of the money 80 strike September...
Major positive announcements from the CCP today say Chinese stocks soar and the big picture outlook improve dramatically. Covid stimulus for those companies affected by the lockdowns, cheaper share trading fees, but the big one is the end of the clampdown on the Chinese Tech sector. Alibaba and Tencent the two biggest tech companies soared and if the government...
Question from a member, so I figured a video would do!
A recap of todays bangin trade. What could happen in the future, and more!
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