Expect market to incline 1.3% to TP2 on market making higher highs. expect (-0.4%/-0.6%) after +1.2% to $82.25 Expect market to deviate from incline maybe stagnate @ round 0.70% or so but continue to incline in not after short decline.
Excellent BUY opportunity in BABA. Consider entry above 80-81 with Stop Loss @56.95. Position Size : 3% of portfolio.
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...
We can see a similar pattern for Alibaba and Tencent shares in the daily chart. Both are in a consolidation stage and the resistance is hampering the price action to rally further. I am watching closely this level and any breakup with a bullish signal could be a potential trend reversal to the bullish side. Patience
Hi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long. Analysis done on 1 week, indicating a macro analysis. Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020. Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance...
NYSE:BABA Alibaba is trading above 200DMA and broke out of the year long descending wedge with the measured move of $104. It is about to hit the next volume resistance area around $83 area. With RSI entering overbought territory does it still have a momentum to keep going? That depends on May 14 ER.
Baba has been hovering sideway since DEC 2023 Last 2 weeks triggers 2 Slow Turtle Buy signals. This time, the signal appears above EMAs which indicating Bullish. 20x50 EMA Golden Cross also detected indicating Uptrend (Notice that price structure starting to form Higher Low and Higher High). MCDX Retailer is now 0% insignificant seller while Banker Spike...
Looking at Alibaba, we have set our entry at $71.66 and found ourselves within a consolidation phase, oscillating between $65 and $77.77 for around three months, the latter marking our short-term resistance. We anticipated a breakout through this resistance upwards and this is what finally got this week! Fundamentally, Alibaba holds substantial potential, and...
Chill, guys ,there is no need to get into FOMO just because there are plenty of conversations going on about buying Alibaba shares. Just look at the chart carefully, it has been in this consolidation stage since Oct 2023. Let the price breaks about 77 level and convincingly with a bullish signal , you can still go LONG . There is no guarantee that those who got...
Looking to enter this trade early. Gartley Bullish Div Inv H&S
Time to long this stock. Sounds like worth the risk :) Stop below my stop loss then it is a failed breakout.
I'll keep this one simple. KEY NOTES: HISTOGRAM HIGHER LOWS - weekly PRICE SHIFT - HIGHER LOWS weekly Strong MAJOR BLOCK ORDER SUPPORT Bounce Bubble up volume surge - net buy positions +++ Massive "GREEN" earning calls last March 2023 EPS beat by 13.10%. HUGE net income on 1Q 2023: $23B at +367% Spotted at 84.0 TAYOR. Safeguard Capital always.
Alibaba looks to be a severely undervalued stock, however I am aware of the risks and the Chinese govenrment. I think that the risk is worth the potential returns. Everything I see in stores in Europe comes from Alibaba. More and more people I know are importing via AliBaba.
Sell idea on BABA as you see on the chart because we have the breakout with force the support line and the vwap by a big red candle.Thanks!
5/13/24 - vrockstar - NYSE:BABA - on almost every metric this thing remains cheap. you and i both know this. that seems to be beside the issue and it's more a function of the $AMEX:KWEB-style flows here more than anything. realistically, there's a lot of optionality in the model too that can be communicated that skews more +ve than -ve. they have a bunch of...
Unpacking Alibaba’s Stock Rise to $89.94 Alibaba, the multinational conglomerate specializing in e-commerce, retail, internet, and technology, has seen its stock price climb to $89.94. This significant increase is a result of a multitude of factors that have positively influenced the company’s valuation. Earnings Performance: Alibaba has been reporting solid...
BABA broke out the diagonal trendline, closed nicely above 200SMA and volume is also great. Next stops 87, 90, 92 unless it's another fakeout. BABA had many of them in the past. Also we have earnings coming up on the 5/ 14. Undervalued company, sadly we're dealing with Chinese government thus it makes the investment a bit more complicated.