NYSE:BABA Alibaba has the potential to break out above the neckline area, which is currently at $78. It has already surpassed the POC (Point of Control) resistance and is now moving towards the neckline once again. The targets mentioned in the Feb 9th post remain unchanged. 🚀🚀🚀🚀🚀💰💰💰
shooting for a gap up in the morning into the box for a run at the first target. gap down and going short to the top of the box below. 4am will tell
A diamond pattern is formed on the Alibaba weekly chart. Diamonds get formed at times of trend reversal. Breakout from the diamond pattern will bring momentum to the stock. There are signs that the down channel is also getting broken. A trade can be taken now with a stop loss at 70.87. Possible upside targets are T1: 169, T2: 232 and T3: 334.
On Thursday we've exceeded the over 2 months old trading range, made a little correction and opened a win dow today. For me this are clear signs of a beginning rise . As we had built a broad bottom after a steep fall that had lasted for over 2 years there is a potential for some bigger rise.
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! 😶🌫️
BABA on the weekly chart looks like it is forming a massive bullish falling wedge pattern. BABA's positive divergences indicate it could soon be able to break the upper trend line of the pattern and start it several-week bullish move. But please remember buy opportunity starts with breaking out of the pattern not when we like it or feel it!!! Because it could...
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.
No 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.
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.
Financial Risks and Solvency: Revenue Growth: Alibaba has shown consistent revenue growth across its segments, particularly in its core e-commerce and cloud computing businesses. However, the growth rate has decelerated compared to previous years, indicating potential market saturation or increased competition. Profitability Concerns: Despite revenue growth,...
I have been just watching NYSE:BABA since the news that Jack Ma resurfaced, but haven't taken much interest in it until now. It seems like the stock wants to break the down trend, possibly filling the 92-94 gap, but first it needs to move through the following levels> Here is the plan for long. Watch these levels for calls and possible points of...
NYSE:BABA Inverse Head & Shoulders inverse head and shoulders" pattern is a bullish reversal pattern commonly observed in financial markets, particularly in stock charts. It typically indicates a reversal of a downtrend and the beginning of a potential uptrend. Here's a description of the inverse head and shoulders pattern: - **Formation**: The pattern...
In a move indicative of Alibaba's ( NYSE:BABA ) ongoing strategic evolution, longtime executive Yu Yongfu is set to step down as CEO of the firm's local services division by the end of March. This significant management reshuffle underscores Alibaba's ( NYSE:BABA ) commitment to adaptability and innovation in the fiercely competitive Chinese market landscape. With...
This chonk has been talked about alot. Because we are all trying to figure out why the 2nd amazon of the world has been beat down so bad. So, here we are, with a beautiful and crystal clear line in the sand thick neck line. Break that neck line, confirm the pattern, off to the races. 125 target long term ,then reestablish a view. ||Chart is inverted.
Ready for a bull run up. -Crossed Macd on daily view -Divergence at 4H - Resistance at 87 , if it breaks 87 , then look for 94 - Earning out on Nov 3rd, - Watch for a Run up before earnings or after earnings. - keep your stop losses & Trade within your limits. Happy Trading.. !
Volumes are five times greater than US and I think is useful to follow stock on HK market Price cannot pass channeldown and long term trendline and this is a very bad signa I think price will now drop to 64
Alibaba Group Holding Ltd, finished inverse head and shoulders Also double bottom pattern
Hi, everyone, As you can see in the chart, Alibaba's stock has formed a beautiful triangle pattern after a prolonged correction in both price and time. With the divergence observed on the MACD and RSI in the weekly chart, I believe that we can expect higher numbers in the near future. The first target is $121, and the second target is $131.can monitor the trade...