Is BABA's time here? It just closed over weekly downtrend
Alibaba is showing a Rounding Bottom Formation which is Bullish. Often called a Smiley Face and has a 66% potential to the Upside. A Frowny Face or Rounding Top is the Opposite with a 66% chance to the Downside. This is a Longer Term Study. Often Conviction and Patience along with Market Sentiment trend knowledge is required with careful timing to gain maximum...
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...
Alibaba hitting channel resistance and attempting to breakout - might retrace slightly short term
Chill, guys ,there is no need to get into FOMO just because there are plenty of conversations going on about buying Alibaba shares. Just look at the chart carefully, it has been in this consolidation stage since Oct 2023. Let the price breaks about 77 level and convincingly with a bullish signal , you can still go LONG . There is no guarantee that those who got...
Excellent BUY opportunity in BABA. Consider entry above 80-81 with Stop Loss @56.95. Position Size : 3% of portfolio.
Looking to enter this trade early. Gartley Bullish Div Inv H&S
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! 😶🌫️
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...
AliBaba is given break out after long consolidation period hope it going up from now
baba might be the setup i'm attracted to the most. showing strength at the decade low. expected this to break the downward trend any time now. looking to the fill the gap up around $84 by eoy.
Time to long this stock. Sounds like worth the risk :) Stop below my stop loss then it is a failed breakout.
1/Still no "Touch down"@ support lines RSI & Price "Green lines) 2/@(-68%) only 2ed to July 2015@(-73%) 3/+45% after W get a trough, if we do not have it already.! 4/This analysis is basically wrong -Ever probable, applicable & else absolute
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
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.
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...