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BABA

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
Alibaba - BABAWeekly Chart (right side) - Nice long-term downtrend since mid-February 2021 Daily Chart (left side) - Gab mid-March 2022 showed a nice support which were tested end of April 2022 - Another gab in the last days is currently showing some support - The 50-MA is currently a strong resistance - The MACD is slightly improving and the RSI just jumped over the important level of 50 The long-term all-time low (not displayed) is at USD 57.20 and the 23.6% Fibonacci Retracement at USD 119.06 which marks a resistance, too As the next earning report is expected on May 6 and the long-term trend is still bearish, I’m still not catching the falling knife.
NYSE:BABAShort
by Oliver-Basel
$BABA Retest/Short Opportunity Filled downside gap in a hurry, another gap up held for 2 days. Some brewing rumors hitting wires "China to impose compulsory measures on a person with surname of Ma" per Chinese media. I think this retests a vwap ($108.41 to be exact) and an obvious place of resistance and sellers. Depending on global macros this could change quickly obviously. Looking for a probing of $108-$110 then rejection. Always size appropriately for you're own risk management. A bevy of stops set below $80 is likely which could flush this down closer to it's all time lows.
NYSE:BABAShort
by Todoubled23
Alibaba (NYSE: $BABA) Rock'n Higher On China Stimulus News! 👲🤟Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. It operates through four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. The company operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; and Tmall Global and Kaola, which are import e-commerce platforms. It also operates Lingshoutong that connects FMCG manufacturers and their distributors to small retailers; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, the company offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, it provides elastic computing, database, storage, virtualization network, large-scale computing, security, management and application, big data analytics, machine learning platform, and Internet of Things services. Additionally, the company operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency app; and Tmall Genie, an AI-enabled smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
NYSE:BABALong
by Bullishcharts
1
BABA should hold 83 then BO Channel or 70 will be double bottomBABA has been making a long downchannel which has to be broken to be really bullish. First it must hold the current 83 FIB level, then BO the downchannel at around 95. After that BABA will still face a big resistance zone at the 110 to 130 range. There will be a lot of sellers here which the new buyers must be willing to absorb in order for the price to go above this critical zone. Failure to hold the current 83 Fib level to see a double bottom for BABA at 70. This will be very very near the end of that big ABC correction. BABA is the top e-commerce company in China (Amazon of China but with a very low PE ratio after this crash). Not trading advice
HKEX:9988Long
by xtremerider8