Alibaba Group Holding Limited ADS Cert Deposito Arg Repr 1/9 ADSAlibaba Group Holding Limited ADS Cert Deposito Arg Repr 1/9 ADSAlibaba Group Holding Limited ADS Cert Deposito Arg Repr 1/9 ADS

Alibaba Group Holding Limited ADS Cert Deposito Arg Repr 1/9 ADS

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BABA bought the stock a week ago at a price of 158.69. Today pre-market the price retested the same level. It seems to be a good support area. :)

BABA Taiwan is my favorite country 🏳️‍⚧️🫡🇺🇸🦅

BABA price is pulling back into the mid-term support zone at 171–160–150. Watching for the first wave of correction to be nearing completion, with potential for a new base formation to start developing before an eventual upside move toward the 220+ macro resistance.

Chart: tradingview.com/x/W4YOUYTI/

Previously:
On the bullish structure (Aug 29): tradingview.com/symbols/NYSE-BABA/minds/?mind=CaqVWs8STwyadmFgcKR2sQ
• On support and bullish corrective structure (Aug 19): tradingview.com/symbols/NYSE-BABA/minds/?mind=0LaTzdvXTF6taka_IZOGcQ
• On potential upside reversal (Jul 15): tradingview.com/symbols/NYSE-BABA/minds/?mind=6VEnzLYLT2mvyo7iFDPPuw
• On macro support (Jun 24): tradingview.com/symbols/NYSE-BABA/minds/?mind=g11rtRbFReqrJUqJtMpCYQ
Snapshot


BABA looked really weak on Tuesday alongside all the other China stocks (JD,BIDU). Did not expect it to sell off this quick though.

I will start loading this again when it comes down to $150 but will go heavy when it reaches my ultimate downside target of around $135-140. I am still bullish on China into EOY so this is actually a good discount.

BABA What a sell of in H King what is going on here

BABA gonna try here. just bought 3x leverage at the low time frame support zone. going for a gap fill as it dropped to 169.7 in overnight trading


BABA unlike American stocks , I actually like how this and other Chinese stocks still respects technical analysis and doesn’t just infinitely keep gapping up. There’s actual pull backs and corrections