Hello Traders,
My updated anaylsis on BABA is.....................We are going to hit $87 and below...I initially thought we had found a bottom but with last weeks route of the market we have broken, retested & failed the bottom trend line ultimately sending this stock to my initial buy zone...I have no position at this time and will wait to see how this plays...
Hello everyone. It's been a bloody two-year for BABA investors as it tumbled by more than 60% from late Oct. 2020.
As I analyze the daily chart, I noticed two things: firstly, the red downtrend has been soooo well respected. secondly, major daily flip levels served as good supplies.
What got my attention is not just the sideway formation on the daily. The...
A three-wave ascent and then a diagonal drop indicate that we are in a larger scale in a triangle or structure.
+ Personally, my entry strategy is wait for the conflict and corrections of the indexes to end and see a confirmation of the end of the downtrend, and I confidently enter with a heavy volume ... because it has good conditions for entry !
+The...
Consolidation in down trend
At Weekly Support/resistance
Short 119
Stop 130
Target 86
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and...
If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.
Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake.
Then you should know...
A regular pullback to the golden ratio zone. Now the price needs to be priced upwards. Also at the main support point. Gradual purchases can be made from these regions. Macd view is also very suitable for this. Wait for the white line to break for a safer purchase. The target is $932. Whoever does it once will do it again.
baba earnings around the corner and sitting right above a strong support...
If we fail to break below 108.46 then look for a rally to 125.42-129.40 resistance.
like and follow for more! 💘
.786 Fib price retracement on a growing business.
Modeling a conservative DCFV I see $135 as a good entry.
Now it looks juicy.
Geopolitical risk juxtaposed with growing middle class in a growing market.
Alibaba Group Holding Limited, also known as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technologyGroup Holding Limited, also known as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology
stop loss under the curve
Buffett bottom copy Ali, show Mona Lisa smile
Silently waiting, you do not know his afterlife will stop
surplus
Bad things followed
The trend is like being shot by gunfire
Escape from the tuhao assets unfortunately shot into
the wreckage
Preference short soros this time accidentally short
Lambasting the country's leaders for their cowardice,
Didn't even give...
