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Alibaba: Cheap PricesAlibaba continues to position itself as a dominant force in e-commerce, cloud computing, and international growth. With new developments and expanding global influence, the company offers significant upside potential for investors & business owners and consumers. NYSE:BABA [Financial Performance: Revenue Growth: Alibaba reported a 5.9% year-over-year increase in revenue, reaching ¥950.25 billion for the 12 months ending June 2024. This growth is driven by robust performance across its core e-commerce platforms and rapid cloud computing expansion​ Cash Flow: Alibaba has demonstrated a solid cash flow of $11.04 per share, with a price-to-cash-flow ratio of 7.68, reinforcing its ability to maintain liquidity and pursue investments​ Cloud Computing and E-commerce: Cloud Business Expansion: Alibaba Cloud continues to expand rapidly, now accounting for a significant share of revenue. It remains a strong leader in China, with international expansion efforts helping it challenge other global cloud providers​ International Growth: The company is gaining traction outside of China, leveraging platforms like Lazada in Southeast Asia, a key driver of international growth​ Technical and Market Analysis: Stock Performance: As of September 12, 2024, BABA trades at $85.39, representing a 10.4% gain year-to-date. Despite recent fluctuations, analysts remain optimistic about its future performance​ Price Target: Analysts have set a consensus price target of $107.61, suggesting a strong upside potential of over 20%. BABA's current valuation at a P/E ratio of 18.93 remains attractive, signalling room for growth​ Strategic Outlook: AI Investments: Alibaba's investments in AI are expected to enhance its cloud offerings and improve the efficiency of its e-commerce platforms, making it a leader in innovation​ Long-Term Potential: Despite regulatory challenges and geopolitical risks, Alibaba's strong financial position and focus on international markets make it a compelling investment for those seeking long-term value. ATH? Lol. $84.70 NYSE:BABA
NYSE:BABALong
by lognomics
Herding CatIf you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Ideally it needs to stay above 0.000030662. On the Elliott wave side it looks like a potential impulse being put in, and we are at the Wave 4 of the larger degree which could mean another move up. If the level metioned breaks it becomes less likely. MO. 0.000028937 is the final level I would want to see it fall beneath. Trade Safe, Trade Clarity.
Long
by CryptoKnee
Long Position on 1000SHIBUSDT / (Volume Projection)BINANCE:1000SHIBUSDT.P PHEMEX:1000SHIBUSDT.P SL2 ---> Mid-risk status: 5x-8x Leverage SL1 ---> Low-risk status: 3x-4x Leverage 👾The setup is active but expect the uncertain phase as well. ⚡️TP: 0.013409 0.013570 0.013720 0.013830 0.013990 0.014190(In Optimistic Scenario) ➡️SL: 0.01268 0.01237 🧐The Alternate scenario: 🔴If the price stabilizes below the trigger zone, the setup will be cancelled.
BINANCE:1000SHIBUSDT.PLong
by UnknownUnicorn18258085
BNX price movement projection / (Pay attention to the details)BINANCE:BNXUSDT GATEIO:BNXUSDT Hello Traders Until end of this week, BNX can give us two possible good positions in two sides. Short movement: Price needs to retest lower supports to gain the stability for an upward pullback to near 1.65. So with a SL near the nearest important resistance in 1.4968, you can open a short position with a near target of 1.28-1.18 and a far optimistic target near 1.05 Long movement: After price stabilized and gain volume between 1.1618 - 1.3474, only if nothing outside the box (Like start of a war😟 or anything else)happens to the market, BNX can retest resistance near 1.48-1.5 and after that start a movement to near 1.65 level. The timing for the positions on the chart are not precise. Pay attention to VRVP closely.
B
by UnknownUnicorn18258085
Long Term $270 Buying ZoneIt's hard to find entries on ultra strong stocks like this. But looking at the weekly chart we see that the median of the fork created by the 2008 crisis has not been touched in a long time. This gives an idea to match that median with a low volume zone on the volume profile. Should another global financial crisis arise then it may make a similar buying opportunity. $270 may seem like a long way to fall for such a blue chip stock but it's not impossible considering it went from about $100 to $45 in 2008. It is currently near the upper fork extension of so it could be considered over extended.
NYSE:BRK.B
by mljones