BABA - Testing previous resistance, will it turn into a support? BABA Testing previous resistance, will it turn into a support and be bullish for the rest of 2024? by Badassmofo4
Alibaba long set upAlibaba is curently testing a trend line.best possible entry is in the golden box.Alibab is reversing the downtrend at the moment in my opinion.Long term play against inflation.Longby paul_poison2
Alibaba also seems severely undervaluedAlibaba 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. Longby josipUpdated 113
BABA: Set for a Bullish Reversal, Potential Gains Exceed 50%?Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this matter? Well, it's a clear sign of increased buying interest and strong market conviction behind the price movement. And wait, there's more good news: the MACD indicator is showing a bullish divergence, hinting at a potential reversal. So, what's the forecast? We're looking at a potential upward swing to close the gap near our first target at $117.89. After that, we might see a slight dip to the yellow zone before it continues its rally towards our second target at $165. It is essential to note that the analysis will no longer hold validity once the target/support area is reached. Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Alibaba Group Holdings Ltd." Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments belowLongby financialfreedomgoals101Updated 6669
BABA on watch for cluster breakout 🚀Currently below resistance zone/100 SMA resistance, Daily close over 78.78 and rally to 88.11-95.26 should come pretty quick.. boost and follow for more! 😶🌫️Longby Vibranium_CapitalUpdated 29
BABA - as long as the low holdsNo need to overcomplicate things here. Low to high can be counted as an impulse, so there's a clear invalidation point, which is the absolute low. As long as that holds, the direction is up.Longby TophatPandaMagicianUpdated 3
BABABought some LEAPS in BABA based on founder sentiment and price action. Hoping for a little more selling off so that I can pickup more contracts around the $60 range. Longby SheentpcUpdated 223
Technical ResistanceThe profit entry point should not be lower than the price of 86.63. Therefore, if the opening price is lower than the anticipated price, it is not advisable to enter for profit on the upward leg.Longby fame25331
BABA Finally it breaks, too much enthusiasm in Chinese stocks. I see upside to 100$ or so.Longby Junoon1231
Break down on technicals for Alibaba near historical lowsHi 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 zone with a REJECTION. Bringing us to our current price action where we have managed to maintain a HIGHER LOW. This supports the idea that perhaps trend is shifting towards BABA wanting to move UP. Notice also the Blue, Green and Purple Moving averages, Flattening out. This can be an indication that price is showing demand after moving averages moved down so much from the highs. look for curve up in MA with crosses happening. This would be significantly supportive of probabilities we see Uptrend. Essentially the order from top to bttom we want to see is: 1. Purple on top 2. Green next 3. Blue below that 4. Red below all This is an indication of a Bull cycle. As you can see blatantly in previous history. Notice also Volume which has been steadily increasing since 2019. Maintainence of Higher lows on Volume is also a good sign, that perhaps BABA may rally if we continue this volume trend. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on BABA in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.Longby SafofAllTradesUpdated 337
Alibaba going upAlibaba daily trends is up . good time for investment and exit $150 . Double bottom is the good pattern for touch the target Longby srazm20201
BABA is super cheap nowhi traders, I'm not going to lie here. I'm surprised that the price of BABA keeps going lower. It's already a no-brainer for me now at 69 $ and I'm adding to my long-term hold position, but if it retest 60 $, it will be an even more screaming buy for me as it will retest the absolute bottom again. BABA is a very profitable company with a strong fundamentals and not buying at these prices is a crime. DCAing into BABA stock is my strategy for the next weeks. All fib levels that are shown on the chart may be acting as a resistance but my final long-term target is 256 $.Longby vf_investmentUpdated 559
BABA Alibaba Group Holding Limited Options Ahead of EarningsIf you haven`t bought BABA before the previous earnings: Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.74. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 7
BABA is now Uptrend and BullishBaba 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 crossing above lowest point of Retailer (Dec 2023) is a good sign of Bull Rally. by kgiap123Updated 2
BABA - will say BABA'YE to the bottom soon! Massive UPSIDE ↑ 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. by JSALUpdated 6627
Alibaba (BABA) coiling like a springBABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore. Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside NASDAQ:PYPL , with a chance of it retesting $84 in the future. Longby RSI-GuyUpdated 338
The Share Price of Alibaba (BABA) Has Reached Its Yearly HighThe Share Price of Alibaba (BABA) Has Reached Its Yearly High On 14 May, Alibaba released its first-quarter performance report: → Earnings per share: actual = $1.404, expected = $1.421; → Gross income: actual = $30.716 billion, expected = $30.502 billion. The fact that earnings per share were slightly below expectations did not disappoint investors much, as on 16 May, Alibaba's share price (BABA) reached a yearly high, exceeding $86, forming a wide bullish candlestick with a close near the top (a sign of strong demand). Positive sentiments were also driven by: → Another Chinese company, JD.com, released a report that exceeded expectations; → US regulators published information that well-known investor Michael Burry invested in Alibaba shares. David Tepper, head of the hedge fund Appaloosa Management, also holds a bullish outlook; → According to a note published on X (Twitter) by Citron Research analysts, Alibaba's share price could rise to $100. According to the technical analysis of the BABA share chart: → The price broke upwards from a narrowing triangle (shown in red lines) – this is a bullish sign; → In April, the price did not reach the lower boundary of the triangle at its lowest point – this confirms strong demand; → The purple rectangle can be seen as the range in which large hedge funds accumulated BABA shares; → Extending the height of the rectangle upwards from its upper boundary, we get a resistance level of $87, which is where the current quotation is located. It is also worth noting that the psychological level of $100 per BABA share acted as resistance last summer. Given the above, it is reasonable to assume that BABA's share price could form a significant rally in the long-term with short-term corrections. According to TipRanks, the average forecasted price for BABA shares in 12 months is $105.13. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen1112
Alibaba Stock Soars 7.56% After Strong JD.com ResultsAlibaba stock ( NYSE:BABA ) saw a 7.66% gain in afternoon trading on Thursday, thanks to a revenue beat from JD.com. Despite the slight revenue boost, Alibaba's earnings and revenue growth accelerated slightly from the prior quarter, up 13% and 2%, respectively. On an adjusted basis, Alibaba ( NYSE:BABA ) earned $1.40 a share, down 10% year over year, while revenue edged higher by 1% to $30.7 billion. The company announced a two-part dividend, including an annual cash dividend of $1 per American depository share and a "one-time extraordinary cash dividend" of 66 cents per ADS, totaling $4 billion. In late March, Alibaba ( NYSE:BABA ) abandoned plans to list its logistics arm in Hong Kong, but the news did not lift Alibaba stock ( NYSE:BABA ) out of its downtrend. The cancellation of the listing poses more challenges to a restructuring plan announced last year by Alibaba ( NYSE:BABA ), which would have split the e-commerce giant into six separate companies. NYSE:BABA stock rallied sharply on February 6 after the company reported fiscal Q3 revenue of $36.7 billion, up 2% from the year-ago quarter and slightly above the $36.16 billion consensus. However, adjusted profit fell 4% to $2.67 a a share. Investors also liked the fact that Alibaba ( NYSE:BABA ) added $25 billion to its share buyback program through March 2027. Alibaba stock ( NYSE:BABA ) plunged in mid-November despite reporting an 18% rise in quarterly profit and a 6% increase in revenue. The company surged on Jan. 23 on reports that co-founder Jack Ma and business associate Joe Tsai have been buying shares of NYSE:BABA stock in recent months. In September, Alibaba ( NYSE:BABA ) came under selling pressure after outgoing CEO Daniel Zhang unexpectedly stepped down as head of the company's cloud business. Alibaba stock ( NYSE:BABA ) surged above its 200-day moving average on July 7, following Chinese regulators fined the company's financial arm, Ant Group, just under $1 billion. In April 2021, Alibaba ( NYSE:BABA ) was hit with a $2.8 billion fine in an anti-monopoly probe. However, after three years of regulatory scrutiny, optimism is building that Beijing is close to ending its crackdown on tech firms. In March 2023, Alibaba ( NYSE:BABA ) announced plans to separate into six separate units, each with the ability to raise outside funding and even pursue an IPO. The company is likely to maintain its cloud/artificial intelligence business and giant e-commerce operations. In April 2020, China regulators fined Alibaba ( NYSE:BABA ) $2.8 billion after an antimonopoly probe. At the time, it appeared that Alibaba stock ( NYSE:BABA ) was ready to break out of a downtrend but got turned away at its 50-day moving average. It tried to rally above the 50-day line again in late April but sellers knocked the stock lower again. According to recent reports, Alibaba ( NYSE:BABA ) is expected to earn $7.98 a share in fiscal year 2025, down 7% compared to fiscal 2024. For fiscal 2026, earnings are expected to rise 14% to $9.07 a share.Longby DEXWireNews3
[long-term] 200% profit expect BABA Price PredictionBABA Price Prediction Welcome to this updated analysis on BABA Let’s get right to it! This information is to be used for educational purposes only TRANSPARENCY StrategyLongby GNTO3
The reduction target is $70-73According to the Butterfly pattern, the Fibo perfectly converges the decline to the target of $ 70-73. The timing is not clear when we will get there, but according to the schedule of the decline of #HSI1, we should reach it by October 2023, there will be an excellent point for going to long to new heights.Shortby Tontine_Coffee_HouseUpdated 8826
BABA: Sell ideaSell 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!Shortby PAZINI19110
a monthly price action after hour update - alibabaGood Morning and I hope you are well. A quick one on #baba Alibaba comment: Last time I wrote about Baba I said this "medium-long term: Sideways until no lower lows and consecutive bigger bull bars without an immediate selloff the next days" The stock found it's bottom and points upwards. Many tails around the 68/70 area below and big bull bars now appearing. The monthly 20ema will most likely be hit soon, where I expect a pull-back to then break above to the 100$ level again. China is printing again and from a technical perspective the stock has seen the worst days IMO. Can see 120 over the next 6-12 months again. Where you put your stop? Probably 80 or you want to hold for longer term and scale in lower. current market cycle: trading range key levels: 63 - 120 Longby priceactiontds2