Short Term Long; Long term ShortIt's clear Baba's RSI on the weekly is forming a base, as well as coming into a long term support trend. When the overwhelming majority are looking short/bearish the scales then tilt and no one is left to sell and only buyer are left to drive up price action. Short term accumulation zone is $75-95, buying long term LEAPS for March 2023. Not financial advise; short term if Baba establishes a minor trend change it will likely run. Keep in mind it will not be out of the woods until we clear $180-200, at which point the fib retract will favor a symmetrical triangle over the potential descending triangle currently being formed.
Conclusion: Baba's chart has a lot of work to do before it can change the long term trends, however sentiment is overwhelmingly negative regarding sentiments that do not affect the companies fundamentals. I see a great entree level at present moment with take profits at $125 & 150
Trust the charts and ignore the media FUD, price actions is king! GLHF!!
BABA
Shopping at GAPs..!These days, your stocks create big gaps (usually down side) after earnings!
Some People think this could be a good opportunity to enter a long position.
but
Is it really good to do that?
My simple answer to this question is:
No
Why?
Look at these examples in the past few months:
FB:
DOCU:
PYPL:
F:
ZM:
PINS:
WISH:
UPST:
BABA:
I hope you are convinced by now..!
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?baba dead.
confirmed wave 3 impulse going down
impulse down means a larger correction is at play
this is my projection going forward
not sure how long it'll take to play out, but this downward channel has held confluence quite nicely for the duration of this dip ~
wave A target = $109
wave B target = $187~$212
wave C target = $70~$80
once this correction is over, baba will have a massive run - i'll update this post once the larger correction is over ~
BABA Good Entry ZoneEntry: 103-105
Stop loss: closing below 100
Reward/Risk: 3
Target range: 120
Time Frame: 2-4 wks
Possible gain: 15%
Possible loss: 5%
Position size: 5 % of trading capital
You can see the most important support(green line) and resistance (red line) levels.
Best,
Dr. Moshkelgosha M.D
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: Spring has emerged?Based on wyckoff accumulation pattern I believe BABA is at Phase C where a sharper price fall will provide a final shakeout of weak hands before providing the spring to reversal.
HKEX has finally reached down to long term support.
Purple line has provided support since the 1990s
A closer look at weekly chart -- will support hold?
ALIBABA , is gonna ready for end this correction eventually ?A three-wave ascent and then a diagonal drop indicate that we are in a larger scale in a triangle or structure.
+ Personally, my entry strategy is wait for the conflict and corrections of the indexes to end and see a confirmation of the end of the downtrend, and I confidently enter with a heavy volume ... because it has good conditions for entry !
+The analysis is based on the fact that the United States reached a trade agreement with China to prevent its enemies from uniting.
Alibaba Group Holdings (NYSE: $BABA) Back At 2014 Prices! 🤑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.
BABA Lowest Growth on Record !!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 that Alibaba had the Lowest Growth on Record. Sales rose 9.7% in Q4, below the 40%-plus growth that was common. consumer spending slows and competition intensifies.
Net income tumbled 74% to $3.2 billion.
And probably Softbank sells an important stake in it.
I`m curious what is Charlie Munger`s conviction buy opinion on BABA now.
My price target is the Dec 2016 level of $86.
$MSFT $BA $BABA $BTCUSD I OptionsSwing WatchlistMSFT 1D I We have a possible head and shoulder pattern in formation on the daily chart for MSFT. The neckline is near $280, a break below can take us to $260.
BA 1D I Just as we expected we saw BA retrace to our $205-$210 support level. Overall, it is showing strength relative to the market, indicating the bull flag might break.
BABA 4H I Currently down more than 60% from ATH. We have a possible ascending triangle on BABA leading into earnings. BABA reports earnings on 02/24 pre-market.
BTCUSD 1D I Just as we mentioned last week we were expectinga pullback on BTC to near $38K. Now we want to see it hold above this level and make a higher low.
Alibaba Analysis 15.02.2022Hello 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!
$BABA AliBABA ending correction preparing for monstrous move$BABA preparing to complete major correction & start its first leg of grand super cycle (III).
A sleeping giant and the real Amazon-killer getting ready to wakeup.
Should find support ~$100 area.
Charlie Munger LOADED up on BABA stocks, and U should too
NFA . DYOR.
Just sharing ideas. Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
$BABA #ALIBABA im not really bullish yet, still the price is trading with a really LOW PE RATIO , the stocks still risky because the situation in china is something that we can really manage...but so far the pattern that we are forming so far , since we are in a price witch is super undervalue , i expect baba to start moving higher from here, is not a financial advice. is just my point of view
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 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