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...
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...
Technical Analysis: - As you can can see in the chart, Alibaba(BABA) is still correcting in short term wave V in red and it must be completed around $43 when we think smart buyers will appear - If the price crosses the invalidation level around $121.30 it means that the correction is over or we can have a bounce in WXY Structure in wave IV which will extend more...
My experience I owned shares of Alibaba for the last 10 months. I started buying when it dropped to $140 in November 2021, and then I started averaging costing during the downtrend, my average price was around $110 and I completely closed my position at the beginning of July 2022 when it traded at $120. In conclusion, made a small 10% during this period,...
BABA passed wave 5 in the Resistance Zone , and I expect that it will go DOWN to PRZ ( Price Reversal Zone ) & near the SMA 100 ( Daily Timeframe ) after breaking the Important Support Line . Also, we can see the Regular Divergence (RD-) between Price and MACD Indicator . Alibaba Group Holding Analyze ( BABAUSD ) Timeframe 4H ⏰ ( Heikin Ashi...
First, I have to back to my previous idea about Alibaba Group Holding. Do you remember it? 👇(it moved as I ✅expected✅). BABA passed main wave B in the Resistance Zone, and I expect it to go DOWN to the end of main wave C that I showed in my chart. Alibaba Group Holding Analyze (BABAUSD), Timeframe 4H⏰ (Heikin Ashi). Do not forget to put Stop loss for your...
Alibaba Short Term We look to Sell at 87.83 (stop at 92.37) We look to set shorts in the early trade. The medium term bias remains bearish. Short term bearish momentum has stalled. However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern. Our profit targets will be 78.05 and 73.21 Resistance:...
which side can break its totally up to market but price looking interesting friend you can check its for tomorrow ....
If you haven`t sold on growth concerns: Then you should know that after averaging down multiple times, Daily Journal Corp, where investor Charlie Munger served as chairman until very recently, cut its stake by roughly 50%. My expectation is to see a double bottom in BABA this year.
ali baba short , sell more stocks target should be 89 .
let the market decided where is closing then picture would be clear
BABA almost touched my $98 price target from this post: My forecast is a reversal to $116 level before dropping to the 2016 area of $86. You can spot the bearish trendline in the chart. Looking forward to read your opinion about BABA.
If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake. Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake. Then you should know...
Alibaba - Short Term - We look to Sell a break of 109.62 (stop at 117.14) A break of 110.00 is needed to confirm follow through negative momentum. Closed below the 20-day EMA. The trend of lower highs is located at 128.00. Our overall sentiment remains bearish looking for lower levels. The primary trend remains bearish. Our profit targets will be 89.94 and...
Additional American depositary share registration in the U.S. was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake. Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake, The can drop to the $109 support, if not even lower. Looking forward to read your...
Alibaba Stock is best shorting candidate in This bull market...avoid Long position untill stock prices cross 200 with Term and Conditions
BABA is still under resistance $269. Wait for the triangle BREAKTHROUGH and SELL—TP around $246. If we go higher, BUY above $270 with a retest. LEVELS BUY: $244 $227 $217 STRONG BUY