Short Vision on ALI BABA Hello Dear Traders,
You find below my analysis for ALIBABA, the currency pair is in the buy zone. I expect the price to rise. According to my set of rules, in the H1 frame ALIBABA will rise to 87 as I am showing in my chart. Our Weekly Goal is 90.
Currently, ALIBABA is moving towards the support level of 77 where there is some liquidity, from this value we are looking for short-term buying opportunities of ALIBABA.
Good Luck and enjoy your Bullish Market for today.
Entry:@ 77.8
TP1: @78.8
TP2: @80.8
TP3: @82.8
SL: @74
As mentioned on previous posting, we oscillate daily with the market based on Human Behavior and Sentiment.
Feel free to share your thoughts and opinions in the comment section below, I will be glad to discuss my friends!
Alibaba
BABA Price TargetThe Price Target for BABA Alibaba is $135.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Alibaba (NYSE: $BABA) Begins Reversal Of Downtrend! ◀️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 Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; and Tmall Global and Kaola, which are import e-commerce platforms. It also operates Lingshoutong that connects FMCG manufacturers and their distributors to small retailers; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, machine learning platform, and Internet of Things services. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-enabled smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
Alibaba Weekly Elliot Waves AnalysisBABA is currently in Wave 5. I believe BABA Wave 5 will be an ABC correction. With that being said, I expect a relief pump (wave B) to happen which will last for 1-2 weeks before we continue dumping. I have buy orders set for $85/$86 and at worse, $58. $100 support looks weak based on the lower Fibonacci targets. Be diligent with this one!
(Side Note: Wave 1 was also an ABC correction which is why the last wave will be similar to the first.)
You can learn more about this analysis by researching ABC corrections and Zigzags. Thank you!
Alibaba (NYSE: $BABA) Prints New 52-Week Low Pre-Market! 💯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 Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; and Tmall Global and Kaola, which are import e-commerce platforms. It also operates Lingshoutong that connects FMCG manufacturers and their distributors to small retailers; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, machine learning platform, and Internet of Things services. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-enabled smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
Short Term Long; Long term ShortIt's clear Baba's RSI on the weekly is forming a base, as well as coming into a long term support trend. When the overwhelming majority are looking short/bearish the scales then tilt and no one is left to sell and only buyer are left to drive up price action. Short term accumulation zone is $75-95, buying long term LEAPS for March 2023. Not financial advise; short term if Baba establishes a minor trend change it will likely run. Keep in mind it will not be out of the woods until we clear $180-200, at which point the fib retract will favor a symmetrical triangle over the potential descending triangle currently being formed.
Conclusion: Baba's chart has a lot of work to do before it can change the long term trends, however sentiment is overwhelmingly negative regarding sentiments that do not affect the companies fundamentals. I see a great entree level at present moment with take profits at $125 & 150
Trust the charts and ignore the media FUD, price actions is king! GLHF!!
BABA: Spring has emerged?Based on wyckoff accumulation pattern I believe BABA is at Phase C where a sharper price fall will provide a final shakeout of weak hands before providing the spring to reversal.
HKEX has finally reached down to long term support.
Purple line has provided support since the 1990s
A closer look at weekly chart -- will support hold?
ALIBABA , is gonna ready for end this correction eventually ?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 analysis is based on the fact that the United States reached a trade agreement with China to prevent its enemies from uniting.
Alibaba Group Holdings (NYSE: $BABA) Back At 2014 Prices! 🤑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 Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; and Tmall Global and Kaola, which are import e-commerce platforms. It also operates Lingshoutong that connects FMCG manufacturers and their distributors to small retailers; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, machine learning platform, and Internet of Things services. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-enabled smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
BABA Lowest Growth on Record !!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 that Alibaba had the Lowest Growth on Record. Sales rose 9.7% in Q4, below the 40%-plus growth that was common. consumer spending slows and competition intensifies.
Net income tumbled 74% to $3.2 billion.
And probably Softbank sells an important stake in it.
I`m curious what is Charlie Munger`s conviction buy opinion on BABA now.
My price target is the Dec 2016 level of $86.
Alibaba Analysis 15.02.2022Hello Traders,
welcome to this free and educational analysis.
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$BABA #ALIBABA im not really bullish yet, still the price is trading with a really LOW PE RATIO , the stocks still risky because the situation in china is something that we can really manage...but so far the pattern that we are forming so far , since we are in a price witch is super undervalue , i expect baba to start moving higher from here, is not a financial advice. is just my point of view
$BABA 59% gap up 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
The market overall has reached its next buy zone. My team is loading up shares of companies that we believe will surely benefit within a small interval of 34 trading days. Some of these trades will be swing, others will be held long-term.
Friday afternoon my team purchase shares of Chinese online and mobile commerce company Alibaba $BABA at $130 per share. Our take profit is $200, which is a 59% increase from current levels.
Our Entry: $130
Take Profit: $200
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CWEB starting to look better with this wedge breakoutI'd like to see a retest of the wedge for a safer entry or a consolidation for a few days above the green line around $12.35
The daily RSI has also broke resistance which is typically bullish.
Lately CWEB has been sold off after going above the 34 EMA, it has to stay above that to gain confidence in a long-term uptrend.