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Alibaba

Is Bitcoin's correction all that uncommon?On this study we quickly examine if Bitcoin's 2018 correction is an unusual phenomenon in financial markets and how it is compared to other industry leaders. For our example we use Alibaba a reformer in the Retail Industry and Netflix a reformer in Entertainment. We consider Bitcoin to be the reformer in the Financial sector. All assets have fairly recently joined the market scene but revolutionized it, as opposed to similar cases that weren't used like Amazon, Apple or Google that have been around and well established for far longer. Facebook (reformer in Interactive Media & Service) could be used also but its growth was less parabolic. At a glance we see that all 3 assets enjoyed a parabolic growth since 2015: - Bitcoin > 10000%, Alibaba > 260% and Neflix > 800%. After their all time highs, a significant correction followed: - Bitcoin > 70%, Alibaba > 380% and Neflix > 37%. It is obvious that such corrections are not uncommon for market leaders/ reformers and on the contrary quite common to industry reformers that have enjoyed a sharp period of extreme growth. Such corrections are typically healthy for the asset's progression. Although of course Bitcoin's correction is almost twice as much and twice as long, we need to consider two facts: It grew prior to this equally disproportionately and also the Financial Sector's market capitalization is twice as big (>$7 trillion) than Amazon's Consumer Sector or even more so Netflix's Entertainment Sector. So during a common market correction investors as usual need to identify the right time to position themselves for the next growth period. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
BITSTAMP:BTCUSD
by InvestingScope
41
Shorting Alibaba short term due to Price vs ADL divergenceThe Entry I wanted to enter on the 24 Sep, but was apprehensive as price was not near the resistance line. On the 25 Sep just around the open at 9.30am I realise that the price was near the resistance line and so I entered. I wonder if I should have waited till 11am where the market open rush would have normalised. The Situation I think price will go down because of the divergence in ADL & Price. Which means that price (11 Sep - 21 Sep) was moving up despite there being more sellers. It also seems like a good point as it is testing a previous support that is the 0.7 Fib. Issues RSI is not overbought territory. External factors This upside divergence in my POV is probably short term as it was driven by last week's easing sentiment towards the trade wars.
NYSE:BABAShort
by Ronin_trader
Bullish on the Chinese tech sector, 5 must have stocksSeptember is often considered a tough month for stocks. However, many Chinese stocks have already had a rough year due to escalating trade tensions between the U.S. and China. By and large, the fundamentals supporting Chinese tech stocks are strong given small penetration rates in a very large and rapidly growing internet market. For the most part, the technicals point to healthy upside going forward. The following 5 Chinese tech assets are hovering around their Point of Control POC: price point with the highest trade volume and are showing signs of recovery using a number of indicators. We use the China 50 Index as a benchmark for these assets.
NASDAQ:WBLong
by warrenhochfeld
JD.com trading at a blatant valuation discount- LONGOne of the trends taking place in my portfolio is an increased weighting in China's technology sector. Amid the trade-driven pessimism over China, clamp down on digital assets and increased control over online content China's economy is trading at a blatant valuation discount to the U.S. Within the last few months the BAT stocks Baidu BIDU, Alibaba BABA and Tencent TCEHY have been among the biggest losers. The recent arrest of JD CEO Richard Liu has caused JD stocks to tumble further relative to its e-commerce peers and is now almost 50% off its 52-week high. I view this as a risk-reward profile that is heavily tilted in favor of the bull. All indicators explained on the graph.
NASDAQ:JDLong
by warrenhochfeld