ALIBABA Ready to Explode! Big Gains on the Horizon!Alibaba (BABA) Technical Analysis - 15-Minute Timeframe - Long Position Setup
Entry Price: $99.13
Stop Loss (SL): $97.32
Target Levels:
TP1: $101.36
TP2: $104.96
TP3: $108.57
TP4: $110.80
Market Context and Sentiment: Recent developments indicate strong institutional interest in Alibaba, as evidenced by prominent fund manager Zhang Kun making Alibaba a substantial holding in his portfolio. This investment has bolstered positive sentiment around Alibaba, further supported by strategic economic measures favoring leading tech stocks in China.
Technical Indicators:
Trend Direction: Positive momentum is observed with price action above the Risological Dotted Trendline, signaling a bullish bias.
Volume: Current volume at 16.04M aligns with the recent positive market sentiment, with average 30-day volume standing at 26.70M. This moderate volume increase reinforces the long setup validity.
Analysis and Outlook: This setup presents a well-defined long entry with clear stop loss and target levels. The bullish institutional interest provides a strong fundamental tailwind, which could drive price action towards initial and extended targets. Should the price break through TP1 at $101.36 with sustained volume, a continuation towards TP2 at $104.96 becomes likely, with potential progression to TP3 and TP4.
Conclusion: Alibaba's current price action and market sentiment create a favorable environment for a long position. Close monitoring is advised, particularly as price approaches each target, with adjustments as necessary to secure gains.
Alibabasetup
Alibaba's Slide Continues! Three Targets Hit, Awaiting Final TP4Technical Analysis: Alibaba – 15-Minute Timeframe (Short Trade)
Alibaba has shown strong bearish momentum, hitting three profit targets after a clear short entry at 108.26. The price is now approaching the final target (TP4), making this trade highly successful so far.
Key Levels
Entry: 108.26 – The short trade was initiated after confirming a clear bearish setup.
Stop-Loss (SL): 109.65 – Positioned above resistance to manage risk and protect against potential reversals.
Take Profit 1 (TP1): 106.53 – Successfully reached, confirming the start of a strong downtrend.
Take Profit 2 (TP2): 103.73 – Continued bearish pressure pushed the price to this level.
Take Profit 3 (TP3): 100.94 – A further downside target that has already been achieved.
Take Profit 4 (TP4): 99.21 – The ultimate target, currently awaiting completion as the bearish trend continues.
Trend Analysis
The price remains below the Risological Dotted trendline, confirming a strong downtrend. With three profit targets already hit, the market appears poised to reach the final target at 99.21 if bearish momentum persists.
The short trade on Alibaba has been highly successful, hitting TP1, TP2, and TP3, with the final target TP4 in sight. The continued downward movement suggests that 99.21 could be reached shortly, concluding the trade profitably.
Alibaba Analysis 04.01.2023Hello Traders,
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Alibaba Analysis 19.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Alibaba Analysis 30.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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Alibaba Play with a Monsterjust made this chart to show you how it's easy to predict normal Strong Stocks in comparison with Cryptos.
Everything is just matter of time and patience, buy at the good time, and not be too greedy on your % returns.
Alibaba is a giant, it's very difficult to lose money for a long term investment..
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Trading Parts :
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Buy Zone : 210$ ish
Tp1 - 260$
Tp2 - 275$
Tp3 - 295$
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Happy Tr4Ding !
Alibaba Analysis 01.02.2022Hello Traders,
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I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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Alibaba Analysis 25.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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Alibaba Analysis 04.01.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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Alibaba Analysis 21.12.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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