Excellent BUY opportunity in BABA. Consider entry above 80-81 with Stop Loss @56.95. Position Size : 3% of portfolio.
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...
Is the bottom in? 😱 Alibaba breakout! NYSE:BABA We have pointed out upside price targets. It seems the bottom is in. Are you buying?
Time to long this stock. Sounds like worth the risk :) Stop below my stop loss then it is a failed breakout.
There is a high chance that NYSE:BABA (and other Chinese stocks) has not bottomed and will make a new low, because 1) the rally so far has been 3 waves (zigzag), 2) RSI divergence of the lows on daily need to be erased, 3) recent rally got rejected at 200MA If the drop breaks below 77, I'm quite sure a new low will happen NASDAQ:JD NASDAQ:BIDU AMEX:FXI TVC:HSI
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...
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...
I am watching price very closely this looks bullish lots of liquidity on the upside i will keep everyone posted on entry points this would be a $15 or so move to the upside this has shown a market shit in trend
Hello traders and investors! Let's take a look at what happened since the last post where I suggested considering purchases. You can find the post linked below. Just a reminder, the solid line represents the main scenario, while the dashed line indicates possible price movements to realize the main scenario. The price has increased by 13%, with the maximum...
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.
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.
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
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.
I mostly trade cryptocurrencies, that doesn't mean I'm not interested in the real thing. It's been hit pretty hard by the recession, but it's still running and still around. The death of Alibaba would be laughable. The strategy I created brought out point C, which opens up a big turn for it. This will not be my last stock analysis to share with you. PS Don't...
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.
My plan here is very clear and labeled. This is a strong turning point for china as the US markets are starting to roll over, this can be a great opportunity for china stocks to rocket and Biden trying to limit our ability to purchase them.
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...
Will Alibaba investors finally be compansated? Looks like NYSE:BABA is ready to break out of a huge falling wedge that goes back in OCT 2020 when the stock started its decline.