Alibaba
Alibaba stock Analysis – BABA Stock The Idea is to go long - Just wait the right time to go long. Prices might keep going down to test the tentative trendline before going up again.
Fundamental News:
SINGAPORE (Reuters) - Southeast Asian e-commerce firm Lazada, a unit of Alibaba Group Holding Ltd, on Friday named its third chief executive in three years - a move that comes after it lost ground last year to rival Shopee.
Chun Li, Lazada co-president and head of its Indonesia operations, will take the helm from July, replacing co-founder Pierre Poignant.
Serial share-price-target increases by analysts on Apple and Amazon failing to generate fresh impetus for investors to commit new money into them aggressively. For now, at least.
BABA - Alibaba buy zonesHello traders,
Description of the analysis:
Alibaba support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
ALIBABA stock Market analysis with Technical AnalysisBased on technical analysis, the idea is to go long, but be aware that a retracement price could have started.
Short term Hold
Long term- go long
BABA Analysis (ALIBABA GROUP HOLDINGS LTD)When NYSE:BABA closes significantly above the green rectangle area (Significantly above the 201.5) , I think it would very likely to continue up to around the 209-210 area (Around first blue line) , with a potential to reach the 219-220 level (second blue line) , depending on how price would act around the 209-210 area .