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Alibaba

$BABA sniper edition #1*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* Recap: My team started a long $BABA position November 18, 2021 at $161 per share. My team averaged down on our position today at $122 per share bringing our share average to $141.5. Our First Entry: $161 Our 2nd Entry: $122 Take Profit 1: $180 Take Profit 2: $193 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:BABALong
by SimplyShowMeTheMoney
8
#WISH Still moving inside the falling wedge. I am LONG!Hi All, my main 3 take-outs from this analysis are the following: 1- RSI and MACD showing bullish divergence in the daily chart 2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January 3- Shrt term target is 9.40$ to close the daily gap, while my medium long term target is 15$ Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WLong
by FrancescoMerlettini
2
#BABA Possible another 10% drp to re-test historical trendlineHi All, my main 3 take-outs from this analysis are the following: 1- RSI in the weekly chart is in oversold territory with divergence vs prices 2- Price might re-test the historical trendline at around 100$, which is a 10-13% additional drop from current levels 3- Possible support at 100$ is also a psichological support level (rund number) Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NYSE:BABAShort
by FrancescoMerlettini
AliBaba Poised to loose more ground. BABAWe are still zigzaging on this one. Momentum in the negative, crashing through resistances. I suppose it's only fair given the stellar impulse we have seen earlier. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
NYSE:BABAShort
by Rykin_Capital