This idea is based on Wyckoff's accumulation schematic. Based on the recent price action, BABA has shown sign of strength when it jumped out of the creek and retested its upper limit 2 times now. Based on the accumulation count, BABA should move pretty fast to 430-450 once it breaks out of the upper range limit of the accumulation range. All info is on the...
I've been waiting for NYSE:BABA to crack on the upside and the stock has consistently disappointed. Maybe a downward move is all that is needed now.
Alibaba - 30d expiry - We look to Sell a break of 79.38 (stop at 84.38) The primary trend remains bullish. The stock is currently underperforming in its sector. This is currently an actively traded stock. Daily signals are bearish. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. 79.48 has been...
Following the release of Alibaba's latest earnings report on May 18th, the company's stock encountered a 5% decline. In the fourth quarter of fiscal 2023, which concluded on March 31st, the Chinese e-commerce and cloud leader achieved a 2% year-over-year increase in revenue, reaching 208.2 billion yuan ($30.3 billion). This figure surpassed analysts' expectations...
BABA H&S playing out well so far. I will probably be entering more here. Another catalyst just arrived with Micheal Burry holding over 10% of his portfolio in BABA stocks to hedge the economic situation. Definitely a good long-term hold here. Especially if you add onto it the restructuring BABA is going through which experts have predicted will increase...
If you haven`t sold BABA here: and bought it here: Now Analyzing the options chain of BABA Alibaba prior to the earnings report this week, I would consider purchasing the 90usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $4.45 If these options prove to be profitable prior to the earnings release, I would sell at least...
Key Statistics P/E Ratio 9.7 P/FCF Ratio 23 ROIC 7.5% Operating Margin 11.78% Analyst Estimates March 2024 = $8.76 EPS (+12.35% YoY) March 2025 = $9.85 EPS (+12.39% YoY) March 2026 = $10.31 EPS (+4.68% YoY)
Alibaba looks bullish as we expect the chart to form a double bottom pattern. We expect it to rebound from the strong resistance levels. There is also a bullish cross-over on the MACD line. Risk-reward ratio is 10.64. Entree price at 81.74 Taking profit at 120.06 Stop loss at 78.05
SHORT The Alibaba (BABA) share price has struggled so far in 2022, falling by 44.7% year-to-date (YTD). Chinese e-commerce and technology sectors are facing fresh challenges: The Nasdaq Golden Dragon index, which tracks US-listed shares in Chinese companies, shed a record 14% following announcements that Xi Jinping has extended his rule to a third term as...
Alibaba, one of the world's leading e-commerce and cloud computing companies, has a rich corporate history that is sure to capture the attention of many. Founded by the charismatic and unconventional Chinese entrepreneur Jack Ma, the company was able to attract investments from the likes of Yahoo and SoftBank during its early days. However, it wasn't until its...
I believe BABA is in a gray zone where the market decides if it’s time to push it higher or if it will slide to the level of the end of 2022. Below are the things I will consider. 1. Short conformations: - Symmetrical triangle pattern (green lines) - Declining RSI - The money flow index keeps declining - Possible H&S neck breakdown (blue lines) Target -...
Alibaba Crashed 79,5 Percent you can call this a crash. Now Alibaba is retracing to higher levels. Usually a retrace to the 0.38 and 0.5 Fibonacci is a healthy recovery,that Alibaba should stay infront of. So from actual price levels of 93.5 USD there is still a 90 Percent upside possibility. This could be Quick Money. On the other side the fundamentals of BABA...
Daily chart showing a nearly completed inverted H&S yet to experience the bullish right shoulder run I have plotted the move in green with the magnet
Are you still waiting for lower prices ? Buying lows from 2016 was not cheap enough for you? Baba created higher lows structure on weekly. Looks mega bullish. Expecting more upside soon Target 1: 170 $ target 2: 200 $ Stop loss: 76,50 $
Buying Alibaba here on the cup and handle breakout. Also downward falling wedge, looks strong sign of a higher swing low here since the bottom a couple of moths ago. Expect to retest to 120 and higher
alibaba chart after big drop seems going to bull faze it break the important weekly resistance in daily chart after pullback to EMA200 would going to up
Baba looks to be rising toward the neckline at $120. First Target would $105 first. Once $120 is broken Baba will rise higher.
Made this chart simples as I could, so everyone could understand. Few thing happened that are extremely bullish. First, price is above 200 moving average. Second, 20 EMA crossed 40 EMA after 6 months(last time this happened Alibaba went from $66 to $120 in weeks) 3. It formed bullish divergence on RSI. I marked all the details. Pls this is not any financial...