Alibaba is in the zoneA market capitalization similar to what it had in January 2020 despite growth, a greater presence of e-commerce and good future prospects in various sectors.
In trading area according to the volume profile since October of last year.
In long-term uptrend.
It is closing a triangle, from my perspective it would be close to looking for a breakout.
MACD hitting the bottom, announcing a reversal signal.
It has strong support around $ 210-200.
Resistances at 250, 270 and 300.
Sounds like a good entry point to me.
NYSE:BABA
Alibaba
GOOD POSITION!INCREASE IN SALE ACCOMPANIED BY A GOOD TECHNICAL POSITION
MORE THAN 100 PERCENT IN NEXT WEEKS IS EXPECTED ;)
Alibaba Investment Idea Fundamental side of the Idea:
With a five-year annualized earnings growth rate of 29% and a sales growth rate of 47%, it’s hard to find a company with a more impressive track record of growth than Alibaba. It’s been a big winner since its IPO in September 2014.
Expectations were high for Alibaba’s Singles Day annual shopping event in November, and the company didn’t disappoint as sales nearly doubled from the year-ago period to $74 billion.
The company has been able to stay in growth mode despite a slowdown in its core e-commerce business.
Alibaba’s business in China looks a lot like Amazon’s in the U.S. Alibaba’s cloud-computing business is showing solid growth, just like Amazon’s booming web services business.
Annual return on equity of 21% and pretax margin of 31.3% help its top-notch SMR Rating (sales + margins + return on equity) of A from IBD Stock Checkup. With Stock Checkup, you can easily see who the group leaders are based on a combination of fundamental and technical factors.
For its current fiscal year 2021, earnings per share are expected to jump 36%, with 15% growth seen in fiscal 2022.
Technichal side of the Idea:
I am waiting for the price at 0,38 level (202,97USD), if the Price rebounded from this zone I am going to buy. But if the price breaks this zone, the stock Price could decrease more in.
There is a possibility that the price will increase to 247,58 USD, after that we may see a pullback to 225,41 USD before the price starts to increase again .
If you have any questions, Do not hesitate to contact me .
Sara Sadki
Short term setup on BABA (risky trade)Today we have a quick setup to share on BABA; in the title, we said it is a "Risky Trade" Why? Because the stop is super tight, and the volatility can trigger the setup and then go towards the stop loss in a matter of 4 to 5 candlesticks (even less, you never know)
However, with all that said, let's take a look at this idea.
a) The price is on a clear support zone, and we can see the next resistance zone at 270.00. That provides us a trading zone from 245 to 270. We want to be able to catch that bullish movement in case it happens.
b) As you can see on the previous 2 green arrows, every time the price came from below that level, that support level worked as a lunch pad towards 270.00
c) Can we assume it will happen again? We don't have any clue at all. However, if we have, let's say, a 50% chance on this setup, we are risking 1 dollar to make 3 dollars. And that's a bet I would take 100 times. Even if the real chances are 30%, I will keep taking this setup with a risk/reward ratio of 3.
d) Ok, with all that boring statistic explained, let's go to the planning. We will set Stop Limit orders at 245.23 / Our stop loss will be at 237.86 / Break-Even level is the horizontal yellow line (if the price reaches that level, we will move our stop loss to the entry-level (risk-free) / Take profit will be at 267.47
e) How much money will we set on this setup? THIS IS IMPORTANT: The reason most people blow their accounts is that they put at risk whatever "their hearts feel" (this is a bad idea). So, to answer the original question, we will be risking 1% of our Capital. Do you understand that? that means that we will keep having 99% of our Capital to trade if we fail miserably on this trade. Risk Management is critical, REALLY IMPORTANT!
f) Finally, if the price does not reach our entry-level and goes below the stop level, we will automatically cancel the setup. And if we have a stop loss, nothing to say, that's part of trading, deal with that.
g) EXPECTED TIME OF THE SETUP if everything goes as expected: 1 to 2 weeks
Thanks for reading guys! Protect your capital
BABA - STOCKS - 19. APR. 2021Welcome to our weekly trade setup ( BABA )!
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4 HOUR
Bullish turnover..
DAILY
Expecting more bullish pressure within the following weeks.
WEEKLY
Looking for a push towards all time highs!
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STOCKS SETUP
BUY BABA
ENTRY LEVEL @ 235.49
SL @ 227.67
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Alibaba trend Change around the Corner?$BABA has several indicators pointing to a bullish uptrend;
1. Positive options flow
2. Increased hedge fund activity
3. BUY signal flashed with 6 indicators confirming
4. PT: $252+
To find out more about The Ultimate Stock Indicator on Tradingview, please check my public profile. 🚀🚀🚀🚀
55 % chance - ALIBABA share price analysisHello all,
Today I am taking a look at the Alibaba chart,
- The price is in a positive overriding trend.
- Alibaba shows a tendency to break through the golden pocket once in a correction, but then to continue to run positively in the trend.
- This breakthrough has already been made in the current correction.
- The second reaction at the golden pocket looks encouraging
- In the long term, the current trend channel could consolidate further
The plan
- I would like to take a long position at the cross-support of the golden pocket and the lower trend lines.
- If the price does not touch the golden pocket again in combination with a trend line, I will not find an entry point and remain a spectator.
- As a long-term price target I use the trend-based Fib extension
- One for the watchlist, no trade is acute yet
Buy zone: 227 - 222 points, only in combination with a trend line
Target zone: 360 points
With this in mind,
Good luck & Keep it simple!
Max
ALIBABA - Open Sesame for the Trend!Hello Trading Family, I found BABA chart interesting.
We can see that BABA is currently trading inside these two brown trendlines forming a rising broadening wedge.
And it is currently approaching a strong rejection/support area.
I call it "War Zone" , highlighted in Orange (circle).
The highlighted orange circle is a strong area to look for buy setups as it is the intersection of support in green 210.0 and the lower brown trendline acting as non-horizontal support. (trend-following setup)
As per my trading style/plan:
Short-term: As BABA approaches the orange circle (area), I will be looking for bullish reversal setups on lower timeframes (like a double bottom, trendline break , and so on...)
Long-term: I will be waiting for a third swing high to form around the upper blue trendline (projection in purple) for it to become valid then buy on this last swing high (gray area) break upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck
All Strategies Are Good; If Managed Properly!
~Rich
LONG on NYSE:BABAAlibaba NYSE:BABA shows good potential for opening a LONG position.
Can be seen in the chart (W) how after a few red candles in previous weeks, the stock seems to be respecting the long-term support trendline. Moreover, a previous resistance (230USD) acted as support. For lowering the risk, we could wait for the MACD signal (at the expense of decreasing the potential reward).
Recommendation: LONG on NYSE:BABA, SL = 211USD, P.O. = 320USD