BABA is in a falling wedge, a bullish reversal pattern if and when breaks out of it. At the moment there is a lot of strong resistance but if BABA somehow manages to go through them it would be extremely bullish for stock for several weeks. Around 88$ there are 50 and 200 days MA which will act as resistance. There is also a smaller and bigger trend line from...
Looks like BABA is being squeezed here. Looking for a break of the trendline to buy.
Weekly Head & Shoulders couldn't be more clear. Ciao NYSE:BABA , see ya at high 30's.
falling cycle -19.64% in 7 days ================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's...
It is quite astonishing to think that with just a $200B market capitalization, BABA alone can satisfy China's immense demand for AI and digital growth, even if you consider in the presence of monopoly laws. If we take a step back and analyze the situation, NYSE:BABA should ideally have a market capitalization of $1T. The current share price seems to be...
Price playing out nicely as analyzed last week. Price rallied on mitigation of current bullish POI. Next potential target for this up move is the bearish POI at 91.43. Price has given a strong confirmation on lower timeframe, expecting a bearish retracement now.
NYSE:BABA Looking good. If the price can break above $89, it could run to $110. Targets - $89, $99, $105, $110. Downside risk is $80 to $73 area. I am long for another ride up. Lets go.🙏💥🚀 AMEX:KWEB
On the 4H Chart, BABA is sitting in the the demand zone at a double bottom retest. Earnings two weeks ago beat expectations. Fundamentally, China is holding interest rates down and may even decrease their prime rate. Domestically, chaos continues with more rate increases possible and the debt ceiling issue impending resolution versus diseaster. I see trading...
Sell idea on BABA as you see on the chart because we have the breakout with force the vwap indicator by a big red candle with a large red volume.Thanks!
As you see on the chart we have a buy idea because we have the breakout of vwap and the resistance.Thanks!
Price playing out nicely as analyzed last week, giving us a nice 8.92% move to the downside. Price is currently mitigating the bullish POI at 78.85 right now where I'm expecting a bullish retracement if we get a confirmation on the lower timeframe.
NYSE:BABA This looks bearish, close below horizontal line, lots of call buyers today, wait for a close above the line to jump in and know your stop.
based on the price pattern has been formed in the last 3 years, the most likely scenario is what is shown by the blue line marked on the chart. due to the last move of the price and disability to catch the Last High which is marked by the orange line, market structure hasn't changed and downtrend is still continuous. so i'm expecting a new low and all of the...
Elliott wave analysis of BABA stock. The correction is soon to end.
BABA inverse H&S on weekly chart. Entry 122, target at 159. Stop loss is 79.48
I've been waiting for NYSE:BABA to crack on the upside and the stock has consistently disappointed. Maybe a downward move is all that is needed now.
Personally, I took about 10 contracts for this play, like always. I put in about 800 into this play and took home about 1.8k in profits off of this. I hope you all banked as well!