Hello Traders and Investors, today I will take a look at Alibaba . -------- Explanation of my video analysis: Almost a decade ago Alibaba stock retested a strong support at the psychological $60 level and reversed significantly towards the upside. Just a couple of months ago Alibaba stock once again retested this support and created an anticipated reversal....
BABA still struggling despite a wider rally in other tech stocks., 74% confidence. Target is $67.32, S/L would be the previous swing high at around $78/
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 $15 or so move to the upside this has shown a market shit in trend
This stock has so muck fame Invester Charlie Munger called it a value trap!!!! This is all arguable right especially on when you purchased this right$ I Believe his average price was in the low $200's!!! In this scenario we are picking it up under $80, BUY BUY BUY complete difference. 1 of my top picks for sure 6-8-12x potential Long Term its hitting a critical...
If you haven`t bought BABA before the previous earnings: Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $2.74. If these options prove to be profitable...
hi, the price of the stock, after a long congestion that has continued since December 2023, has broken the lateral channel, bringing the price to the level of the 200 EMA. For a more cautious trade, with a better RRR, I wait for the price to retest the area 74.75. This area represents a very strong support given by the POC of the volumes traded during the descent...
Good Morning and I hope you are well. A quick one on #baba Alibaba comment: Last time I wrote about Baba I said this "medium-long term: Sideways until no lower lows and consecutive bigger bull bars without an immediate selloff the next days" The stock found it's bottom and points upwards. Many tails around the 68/70 area below and big bull bars now...
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.
Alibaba Group Holdings Ltd. BABA:Elliott Wave Analysis BABA: Daily Chart Elliott Wave Primary Wave )
Nothing to add here, we have a probability of a 9% Bullish move coming soon. Using one strategy is very dangerous thing to do.!
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
On the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
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! 😶🌫️
South Korea's government has signed an agreement with Alibaba's, AliExpress, and PDD Holdings' to promote product safety. The agreement comes after heightened regulatory scrutiny of these Chinese e-commerce platforms, which have significantly expanded their user base in South Korea. Safety inspections on products sold on these platforms detected harmful...
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.
Excellent BUY opportunity in BABA. Consider entry above 80-81 with Stop Loss @56.95. Position Size : 3% of portfolio.
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...
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