Alibaba's co-founder, Jack Ma, has emerged from the shadows to pen a morale-boosting memo to employees. This rare move comes after years of maintaining a low profile following a tumultuous clash with Chinese regulators. Ma's endorsement of Alibaba's sweeping restructuring efforts marks a significant moment for the tech giant, prompting a surge in shares and...
Chinese tech titan Jack Ma had been having it rough ever since his criticism of Beijing triggered a backlash on his companies and wealth but a recent development may change the tide.
On Friday, China's central bank announced a fine of 7.12 billion yuan, or $985 million, for Ant Group the fintech giant co-founded by Ma that operates the Alipay payments app...
Alibaba's Rebound:
Alibaba Group Holding Ltd. has witnessed a significant boost in its stock value following reports that co-founder Jack Ma and Chairman Joe Tsai have collectively invested $200 million in the company's shares. This strategic move by the visionary leaders has caught the attention of investors and analysts alike, signaling renewed confidence in...
Alibaba has decided not to join the share buyback of its fintech arm, Ant Group. Ant Group remains an important partner, and Alibaba wants to maintain its shareholding. The buyback was initiated following Beijing's crackdown on web giants, with Ant Group receiving a substantial fine. Alibaba's stock value in Ant Group remains lower than in 2020 when an IPO was...
If you haven`t sold BABA when Charlie Munger did:
or reentered when it was cheaper than the IPO:
Now looking at the BABA Alibaba options chain ahead of earnings , I would buy the $110 strike price Calls with
2023-8-18 expiration date for about
$10.20 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have...
Alibaba Group Holding Limited (NYSE:BABA) shares gained over 7% in pre-market trading August 4 after posting good results for its difficult first fiscal quarter. Both sales and earnings per share were higher than expected. For the June quarter, revenue was $30.7 billion, similar to the previous year. Even though it was the weakest rate of growth on record,...
For various reasons, the Chinese tech giant Alibaba has been in a downtrend since October 2020. The company has had many headwinds, most of them related to the regulatory environment in China. Most of those issues now seem to be resolving, and I think BABA will be one of the better performers in the coming year.
The China Credit Impulse
A major leading...
Alibaba
Short Term - We look to Buy at 101.70 (stop at 87.10)
Broken out of the triangle formation to the upside. This is positive for sentiment and the uptrend has potential to return. A mild correction has been posted from yesterdays high, this is seen as a retest of the breakout level. Reverse trend line support comes in at 100.00. Dip buying offers good...
BABA almost touched my $98 price target from this post:
My forecast is a reversal to $116 level before dropping to the 2016 area of $86.
You can spot the bearish trendline in the chart.
Looking forward to read your opinion about BABA.
If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.
Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake.
Then you should know...
Additional American depositary share registration in the U.S. was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.
Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake,
The can drop to the $109 support, if not even lower.
Looking forward to read your...
I think $BABA likely bottoms around here, the 14 week down trend signal that predicted this decline reached its final week and price will gap down into long term support from the all time 25% speed line for the whole advance from the bottom to the top. Sentiment had reached critical levels for equities last week already, and there's a path out of this mess with...
BABA broke out two days ago, with above average intraday volume.
OBV is confirming slight positive trend.
Taking a look at seasonality:
We are entering July, which has been THE best performing month in the past 8 years.
BABA has closed higher than it opened 83% of the time in July, since 2014.
Approximate Potential Target ---> $275
Today we will share a daily view of the $BABA chart.
Main aspects we can see here:
-The price is facing an ascending trendline.
-The previous level converges with a support/resistance zone working since 2018.
-The current bearish trend can be defined as a descending Wedge pattern (if the price keeps moving between the structure lines, of course.)
If I'm...
Alibaba (BABA) has plunged 34% since Oct 2020 with lots of negative news going on. Is BABA hitting the bottom yet or further distribution to come?
The negative news ranged from suspend of ANT's IPO, investigation over monopolistic behavior, Jack Ma's missing, executive order to ban Alipay and plan to ban Americans from investing BABA, etc…All these bad news are...
Where's Jack Ma? Alibaba founder 'disappears' after confronting Chinese government
Be very careful with news and fake news, we recommend that you adjust your stops
They have marked supports and resistances.
Kind regards, Happy New Year !!! L.E.D
In Spain on 01 /04/2020
View On Alibaba (28 Dec 2020)
Jack Ma made 1 big mistake. It is called " Never Outshine the master"
This Kampong boy couldn't just resist the new found fame in recent years and crossed some people.
Now his investors are paying the price.
Alibaba is still a good company but I kind of doubt it will shine again soon. Stocks may go back up to 260-280 but every...
When NYSE:BABA closes significantly above the green rectangle area (Significantly above the 201.5) , I think it would very likely to continue up to around the 209-210 area (Around first blue line) , with a potential to reach the 219-220 level (second blue line) , depending on how price would act around the 209-210 area .
