Get started

BABA

Will this be the end?NYSE:BABA Today the overall market had a green day, many big names like TSLA and FB rallied more than 4% today. But the question I am going to ask is: “Do you think this is the end of the enormous channel BABA has been trading in? BABA started trading in this channel since 2020! But BABA sort of broke out today. But this could also be a bull trap. Today’s volume was just a tiny bit under average. Maybe this is the beginning of something enormous. Please watch my related article about channels, at the related idea section. To learn more about this intriguing chart pattern. Curious about your point of view. Let me know! This is no financial advice
NYSE:BABA
by StijndeVries
ALIBABA - Locked Down But For how Long?Alibaba Group Holding Limited is expected to report earnings on 05/26/2022 before market open. Analysts are expecting Alibaba to report adjusted income of $1.07 per share, down 33% comparing with the year-ago period $1.6per share, on revenue of $29.7 billion, up 3% for its fiscal fourth quarter. Alibaba is more than 72% off its record high set in October 2020. Alibaba has been facing corporate governance and regulatory pressure. Other than that economic weakness, Covid shutdowns, supply-chain issues and inflation also put pressures on the share price. However, there is some optimism that China will normalize the operating environment for Internet companies. Chinese Vice Premier Liu He said that Beijing will roll out more measures to boost the economy as well as favorable policy steps for capital markets. As a sign of confidence, Alibaba announced in March that it would increase its buyback program to $25 billion from $15 billion, the largest ever repurchase plan by the e-commerce giant. Overall, despite Alibaba’s issues, the Street keeps a bullish outlook
EASYMARKETS:BABUSDLong
by easyMarkets
BABA Potential for bearish momentum | 26th May 2022With prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 92.71 where the horizontal swing high resistance is to our take profit at 78.53 in line with the overlap support, 61.8% fibonacci projection and 78.6% fibonacci projection. Alternatively, price may break entry structure and head for stop loss at 101.38 where the horizontal swing high resistance and 50% fibonacci retracement are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABAShort
by Rockqet
5
BABA, Potential for bearish momentum | 23th May 2022With prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 92.84 where the horizontal swing high resistance and 61.8% Fibonacci retracement is to our take profit at 79.90 in line with the 61.8% Fibonacci projection and horizontal swing low support . Alternatively, price may break entry structure and head for stop loss at 101.82 where the horizontal swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABA
by FXCM
1
BABA, Potential for bearish momentum | 23th May 2022With prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 92.84 where the horizontal swing high resistance and 61.8% Fibonacci retracement is to our take profit at 79.90 in line with the 61.8% Fibonacci projection and horizontal swing low support . Alternatively, price may break entry structure and head for stop loss at 101.82 where the horizontal swing high resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABAShort
by Rockqet
BABA Potential for bearish momentum | 20th May 2022With prices moving below the ichimoku indicator, we have a bearish bias that price will drop from our sell entry at 92.84 where the 38.2% Fibonacci retracement and horizontal swing high resistance is to our take profit at 79.90 in line with the 61.8% Fibonacci projection and swing low support . Alternatively, price may break entry structure and head for stop loss at 101.82 where the horizontal swing high resistance and 100% Fibonacci projection is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABAShort
by Rockqet
BABA, a beautiful example of ANTI complete cycle !BABA is a beautiful example of ANTI complete cycle ! Many Elliott wave practitioners are not aware of different types of wave cycles ! They may consider themselves as a genius in a bull market ( As everyone else !! ) but suddenly thing change and they can not understand what is happening in a stock or market ! On the left side of the chart there is a schematic drawing showing an ascending complete cycle . In this well know wave cycle waves go up in 5 leg and go down in 3 legs. Correction will never go below the start of wave cycle in this type ( does it go in some other types? of course goes ) !!. Many investors and traders were hoping for this cycle ( and may be were not aware of alternatives ) in BABA, opened long position at the possible end of wave 4 at related retracement levels and now have lost huge amount of money !!! An ascending ANTI complete cycle is shown on the right side of the chart. In this cycle waves go up in 3 legs and go down in 5 legs and correction will never go below the start of the wave cycle. Does BABA play like this wave cycle? So far yes. Is there any other alternative ? Of course yes ! please note we have many other types of wave cycle and we just showed two of them here !. For example, we have neutral or descending antic cycles ( for example of descending anti cycle see my related idea about BROS stock ). It is worth to note many Chinese stocks like TIGR and XPEV showed anti cycles and this is not a surprise as BABA is leading Chinese stocks in the market. Things sound complicated? Yes they are ! but we can extract many useful tips among all these complications : 1. Overconfidence is dangerous ! always set stop loss . Things may change suddenly in a way that we did not predict. 2. Be mindful there are many types of wave cycles . Things are not as simple as they may seem at first look. 3. Do not jump blindly into a long position after apparent up going 1 2 3 form of wave ! 4. Retracement more than 50 % in what we consider a wave 4 is a dangerous warning. We can add many other implications to the list by thinking deeply about different types of wave cycles. Hope this publication to be helpful. Good luck every one !
NYSE:BABAEducation
by SaeedSajedi
4
BABA may not hold 87 pivot; is 73 D. Bottom next or the 50 zone?BABA is in a long downward pitchfork since the 320 ATH. In this weekly chart, BABA has been oscillating between the 2 green PITCHFORK lines (in a closing basis) since it made a diamond continuation pattern last Nov2021. Last week it bounced from the pitchfork mired dotted median line has turned down again to the 87 pivot zone. If the 87 pivot zone doesn’t hold, we may see a double bottom at 73. Worst case scenario may be the Max Pain zone at 50 to 45 down back to the green line but the bottom reversal will be very fast this time. That will take us back to 57.20 the 2015 bottom before the 5 Elliott waves even started, erasing all gains. Not trading advice
NYSE:BABAShort
by xtremerider8
BABA, Potential for bullish momentum | 18th May 2022On the H4, with the price reversing off the ichimoku resistance, we have a bearish bias that price will drop from our sell entry at 102.73 where the horizontal swing high resistance and 50% Fibonacci retracement is to our take profit at 80.44 in line with the horizontal swing low support and 61.8% Fibonacci projection . Alternatively, price may break entry structure and head for stop loss at 108.79 where the horizontal pullback resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABAShort
by FXCM
BABA, Potential for bullish momentum | 18th May 2022On the H4, with the price reversing off the ichimoku resistance, we have a bearish bias that price will drop from our sell entry at 102.73 where the horizontal swing high resistance and 50% Fibonacci retracement is to our take profit at 80.44 in line with the horizontal swing low support and 61.8% Fibonacci projection. Alternatively, price may break entry structure and head for stop loss at 108.79 where the horizontal pullback resistance is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NYSE:BABAShort
by Rockqet
1
BABA: This Great Bearish Trend will Hit $60 LevelCurrently, Alibaba is moving in an impressive bearish trend. During early March this year, the price has arrived at $80 level. Since then, we can see the price retraced and retested the previous support level and the trend line. In the chart, we can spot a descending triangle pattern, where the price has tested the $80 support level three times, simultaneously with highs getting lower and lower. Therefore, this indicates a strong bearish momentum attempting to push down the price to break the support level. Currently, we are not preparing any entries because the price is right at the support level. If the price clearly breaks below, then we will resume our plans to continue entering sell positions after a retracement. Check out our other trend following trading ideas :)
NYSE:BABAShort
by NicoBeau_Capital