Alibaba in Wave 3.3 i was counting allibaba waves and as i guess and drawn in analysis its in Wave 3 and should have sharp and strong momentum toward PRZ zone .
Alibaba
Alibaba: Entering an expansion phase towards $400.BABA is currently consolidating on the 1D chart (RSI = 59.048, MACD = 6.230, ADX = 19.815) but the important news of the month is that it broke in July two very bullish long-term patterns (the blue Channel Up and the dashed Higher Highs trend-line since Jan 2018) to the upside.
This resembles the expansion phase that Alibaba had is 2017. If an identical +140% sequence is completed then it can make a new high around $400 by late 2020-early 2021. Our Target Zone when we'll start taking profits is 370.00 - 410.00.
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ALIBABAVery simple holding strategy.
Buy at the bottom of the channel using a stop loss.
Sell the top of the channel
Now it just made a double top, but this is a long term view
ALIBABA ($BABA) - Use this pullback for going longNYSE:BABA is pulling back currently from the resistence.
let it pullback a little more then go for the long setup.
BABA UpdateDespite signs pointing to a downtrend, news came out today of Alibaba's plans for Ant Financial IPO, and shares have soared today.
BABA : Swing, 100% Price ActionBABA : Follow the uptrend.
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BABA 1 MORE GAP UP?Looking for one more gap up from BABA before taking profit. Looking for the 250-260 region.
Overall, BABA is crushing it no matter how you look at it. Investing in China for the long term is the way to go.
Alibaba sell signals on W1.Alibaba, weekly timeframe: Resistance zone + Shooting Star + Side of Bollinger bands + Divergence
AMAZON VS ALIBABA same business , AM I MISSING SOMETHING? Two great stars but the difference in performance is staggering
Is being a Chinese company the only factor or hurdle for BABA to finally catch up in valuation ?
Please help me and give your views , I am frustrated by BABA ranging for too long
