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...
Long on ENPH looking for an open above current daily PotterBox. An open above there, we should hit the trend channel and head back down. If we don't have the strength needed, I'll look short as we have plenty of empty space below AND today was a day where it looks like the market showed a bit of a bearish-ness.
200ema crossover in the works and overall baba seems to have found it's bottom. Looking to enter around $77 with at least a 2 point stoploss. 10 points is a conservative price target.
With Alibaba trading at a depressed valuation, is this a compelling buying opportunity? While the current price presents an attractive entry point, it's essential to conduct a thorough analysis before making any investment decisions. I'll be employing the EW 2.0 model to assess the company's historical price movement and identify potential buying signals.
Many Chinese stocks are quietly breaking out.
News headlines from other aspects of investing and world politics are drowning out these bullish setups.
Breakouts observed in some leading names.
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...
Here is the TrendCloud Trading Analysis of BABA.
If you are looking to be a buyer and accumulate this stock then here is an edge you can use.
All 3 charts are in a downtrend and momentum is also down. This is very powerful and we can not start buying yet.
Take a look at the demand zone coming up on the daily chart.
We can look for trend reversal patterns...
Hello Traders,
My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻
-------------------------------------------------------------------
➡️In today's video, I will analyse Alibaba for you🫡
-------------------------------------------------------------------
➡️Let me know your opinion about today's analysis...
Appears to have an inverse head and shoulders pattern on the monthly chart. With the quarterly and 6 month chart looking bullish as well. Good momentum behind this on higher time frames.
I bought at $91 and buying again at $84.69, just above the lower monthly band.
I show you why here.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
