Going to be Plenty of buying opportunities around.If you think most charts wont look like this sometime in the next 12 months I don't know what to tell you. Most have just started breaking down from trendlines. maybe the BABA chart has been telling us something for a while.
Stay safe, risk mitigation and wait for the set ups to play out. Don't need to pick the bottoms.
BABA
$BABA 59% gap up 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
The market overall has reached its next buy zone. My team is loading up shares of companies that we believe will surely benefit within a small interval of 34 trading days. Some of these trades will be swing, others will be held long-term.
Friday afternoon my team purchase shares of Chinese online and mobile commerce company Alibaba $BABA at $130 per share. Our take profit is $200, which is a 59% increase from current levels.
Our Entry: $130
Take Profit: $200
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Alibaba to Keep Falling? 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 85.50
Resistance: 128.00 / 140.00 / 150.00
Support: 110.00 / 90.00 / 80.00
Alibaba is due to report earnings on the 8th February 2022. Trading over earnings releases carries additional risk and volatility is expected.
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BABA SoftBank to Sell Its Huge Stake ???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 opinion about it.
Great Long Opportunity on BABA
Great Long Opportunity on NYSE:BABA , but wait and see if VMC green buy indicator keep showing at the end of the month!
Potential 150% gains if BABA reach ATH!
**I think NYSE:BABA is a great mid-long term hold although there is "delisting risk" with the chinese stocks on NYSE**
NYSE:BABA
www.tradingview.com
$BABA downside riskWhile $BABA has had a nice gap up movement in the past few days, perhaps caused by anticipation to their earnings coming due, I expect the stock to have continued upward pressure. Therefore, I expect there to be more 'time and price' and filling of previous pricing areas as notated on the chart around the 115 TO 113-ish area.
The complexion of China has not changed; therefore, it's a 'sit on the sidelines' until we acquire some movement from the country.
Alibaba Analysis 01.02.2022Hello 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.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
$109 was the bottom? $BABA RSI hinting a breakout!Hey Traders,
As evident on the Weekly Chart of Alibaba (BABA), the Fibonacci Retracement looks like it matches up almost perfectly! Next, the Weekly RSI has something very interesting.. A descending resistance line is clearly present and if we are to break it, BABA would have a rebound to the golden pocket. The target is at .618-.65 ($238-$246) so set TP's/ Sell Orders there.
Safe Trading,
-Pulkanator
100% transparency: My Monthly Performance for Long Ideas..!If your position were equally in size (as recommended) your monthly outcome should be +6% if you took all the trades!
Position size recommended for all trades was 5% of the trading capital:
6% * (0.05%) = +0.3%
you may think it is not good but when you compare it with market performance in January 2022 it will shine..!
In January 2022:
S&P 500: -6.06%
NASDAQ: -10.31%
DOW JONES: -4.25%
Russell 2000: -10.74%
Compare the result with the celebrity fund manager at ARK: All their funds lost 21-23% of their value in 1 month..!
These ideas were not published publicly..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BABA Back at Median Line after distibutionHello Traders,
Here is an analysis on Alibaba. As you can see in the chart Baba has completed a Wyckoff cycle of accumulation and distribution. Now that the price action is back at the median line it seems to be forming a triple bottom base and taking a break from its recent sell off. We will want to see more bullish volume grow in this area to confirm this base before looking for any buying opportunities. As the price action sits on the baseline in the middle of the structure the longer it holds the stonger it becomes and a buying opporitunity will approach.
Patience is the only key to opening the door to profits.
Savvy
Has BABA hit the rock bottom?
Technical analysis used is called Elliott Wave technical analysis.
We can see an almost textbook 5 waves movement down.
I have done a quick check of the validity of the count, based on the rules and:
1. Wave 2 never moves the start of Wave 1
2. Wave 3 is not the shortest out of the 3 impulse waves W1,W3,W5
3. Wave 4 never enters the price territory of Wave 1
All checked out confirming the validity of the count.
The Fibonacci sequence is the mathematical basis of Elliott Wave Analysis.Based on that and on the guidelines I can see two scenarios for Alibaba and the ending of Wave 5
1. Scenario Nr 1 - Wave 5 ending where it is now. Based on the common Fib extension of 0.382 one of the most common one for Wave 5 . This one found support 3 times in the past month at this level.
2. Scenario Nr2 - Based on the guidelines when we have an impulse wave and Wave3 is the extended one, which is the case so far, Wave 5 and Wave 1 tend towards equality. This equality would happed, guess where at 0.618 golden ratio.
I continue to be amazed by the precision of the Elliott Wave Model.
Disclaimer: This is my analysis and does not constitute financial advice.
Is BABA still bearish?Let's first review the facts:
1- Moving in a Downward channel for more than 400 days!
2- Rejection from EMA50 today
3- Option wall data: 100-130 in the next 4 weeks!
I think it is very unlikely to see BABA out of the bearish channel soon!
These types of moves are the result of mean reversion traders!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
*You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!(Based on Option wall data)
**Yellow line Shows Maximum Pain level.
***You can see more details and educational materials by reviewing the previous posts!
BABA | 2nd moveBABA... so much attention lately.
Step 1
It would be pretty right to say, that most people have bought BABA at higher levels, 150-180$.
This was before the big recent fall.
This was step 1 - entering the stock before the collapse.
Step 2
We are heading to the next step, which could be not very planned, but considering the circumstances, becomes necessary.
Because of such a massive decrease of price, it's important to average the overall price, by buying more of the cheaper stock.
It will yield eventually additional profit and compensate the initial higher price.
A possible Step 3
Some are trying to guess the future, and where will the chart be in some months from now.
Since we all know it's a useless task, the only realistic approach to handle current situation, is keep buying on each next significant price decrease.
As example:
Step 1 was made at 170$.
Step 2 will be done at 100$
(if necessary) Step 3 at 70$
Knowing that BABA has a significant amount of cash, nearly no debts, positive and stable cash flow, good ratio indicators and 1 billion of active users - even if the stock will go to zero, it wouldn't change much.
The company won't close, just because the stock worth less - they keep selling everyday.
Besides, if the stock would reach 70$ at some point (which doubtful), it could be that for such a price, even those who don't trust BABA, will all run to buy such a discounted high quality product.
Considering that 70-80$ does not seem as a realistic option, 100$ purchase is the best next possibility, which shouldn't be neglected.
Let the BABA power be with us!
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.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
US Stock In Play: $BABA (Alibaba Group Holdings Ltd.)$BABA is caught in a 15-month downtrend channel but there could be short term upside opportunity ahead.
trading above Q2 earnings VWAP & 10/20MA. also attempted to re-capture its 50MA, with MA convergences taking place. price action behavior is very similar to oct'21 period.