The formed a price divergence, this may indicate that price has reaching the end of the dreaded downside, and we may see new higher high with a monster move to the upside. Alibaba is a great company with predicable and consistent fundamental who has seen a steady growth over the years. This company has incredible brand awareness, there's so much to look forward...
Free Level.
Ema 21H already rejected by the 250h and crossed down the 50h.
Bearish move with positive price Action.
If the cross is confirmed, we will see a new test of the previous low
We got a great push we didn’t reach upper reisatnce yet as I was anticipating, but that’s ok looking at my last post I drew out some expectations , we rejected heavy at 105 area which is fine. Watching that lower support as long as we can contiue to use 87/86 area as support this pattern can remain valid. I won’t buy the first tap on the support or the first...
Price played out exactly as per my last analysis. Price bounced off the bullish POI at 90.17 and filled the fair value gap at 86.73 and proceeded to rally from there. We see the price is unable to take the highs at 107.16. From here, I'm expecting a retracement into the bullish POI at 91.93 before we see another rally. If this bullish POI gets invalidated, price...
🔸️Ticker Symbol: BABA 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: BABA is currently in a bearish regression trend testing our top deviation level. This historically has acted as a strong level of resistance which has resulted in a push lower in the stock value. Our bottom dashboard indicator is also showing that our money momentum is...
It’s not easy buying support, red candles , big down move into sideways consildation, you feel like and idiot , you feel like your going to get wrecked but if you can find a good risk to reward area and buy that spot it should pay off as long as it holds. I was discussing last BABa post that these lows are looking solid. Weekly candles are bouncing over and over...
as I do anticipate before on previous analysis on alibaba stock so price were returning to our POI and now price its rejected so I do expect long buy on this stock
Price played out exactly as analyzed last week. Price bounced off the fair value gap at 86.73 perfectly and closed strongly bullish after taking liquidity. From here, I'm expecting bullish momentum to kick in.
BABA on the daily has a potential for bottom. Shares safest best and defined risk to reward. Doing a light position isn't bad idea then can switch to baggie mode in the "long term".
Ticker Symbol: BABA
️Timeframe: 4HR
️BREAK OF TREND (STILL WAITNG FOR GREEN LINE CONFIRMATION)
️Investment Strategy: LONG
TECHNICAL ANALYSIS:
MONEY MOVEMENT SHIFTING UP AND GREEN RED DOT: BULLISH
ONCE THE TREND IS BROKEN, WE COULD SEE THIS MOVING HIGHER TO 100 LEVELS.
NOTE: KEEP IN MIND, MARKET IS IN SELL-OFF MODE.
Follow for daily stock, crypto and forex...
Alibaba has been sliding for more than a year, and trend followers may see reasons to expect more downside.
The main pattern on this daily chart of the Chinese e-commerce giant is the series of lower highs since July 8. BABA has managed to hold support around $88 this month. The result could be a descending triangle, a potential sign of bearish...
Looking for a move up or down on baba, the short float has been nearly cut in half and impressive range for bigger buyers to buy in... Hopefully their some good news with tik tok and baba that we can see the upside in this stock we've been looking for.
