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BABA

Alibaba Analysis 21.12.2021Hello 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!
NYSE:BABA
by basictradingtv
10
BABA'S Correction is "Probably" over IF your count is WXY !Double and Triple ZigZag Rules: Double (DZ) and Triple (TZ) Zigzags are similar to Zigzags, and are typically two or three Zigzag patterns strung together with a joining Wave called an x Wave, and are corrective in nature. Doubles are not common, and Triples are rare. Zigzags, Double Zigzags and Triple Zigzags are also known as Zigzag family patterns, or 'Sharp' patterns. Double Zigzags are labeled w-x-y, while Triple Zigzags are labeled w-x-y-xx-z. Both these patterns are included in the list of rules and guidelines below. Only a Double Zigzag is illustrated below. Wave W must be a Zigzag. Wave C of W cannot be a failure. Wave X can be any corrective pattern except an ET. Wave X must be smaller than Wave W by price. Wave X must retrace at least 20% of W by price. The gross price movement of Wave X must be less then 3 times the price movement of Wave W. Wave X must be no more than 5 times Wave W by time. Wave Y must be a Zigzag Wave Y must be greater than or equal to Wave X by price. Back to back and double failures are not allowed. Wave Y must be greater than 90% of Wave W by price, and Wave Y must be less than 5 times Wave W by price. Wave Y must be no more than a factor of 5 times either Wave X or W in price or time. Wave C of Y cannot be a failure. Wave XX can be any corrective pattern except an ET. Wave XX must be smaller than Wave Y by price. Wave XX must retrace at least 20% of Y. The gross price movement of Wave XX must be less than 3 times the gross movement of Wave W. Wave Z must be a Zigzag Wave Z must be greater than or equal to Wave XX by price. Wave Z must be less than 5 times Wave Y by price, and must also be less than 5 times Wave W by price. Wave Z must be no more than a 5 times either Waves XX, Y, X or W in both price and time. Double and Triple ZigZag Guidelines: The largest Wave in Wave W is usually less than Wave W by price. Wave X is usually a Zigzag family pattern. Wave X is usually less than 70% of Wave W by price. Wave X will usually retrace at least 30% of Wave W. Wave X is most likely to be a 38.2% retracement of Wave W. Wave X is next most likely to be a 50% retracement of Wave W. Wave X is next most likely to be a 61.8% retracement of Wave W. The largest Wave in Wave X is usually less than 140% of Wave W by price. The time taken by Wave X is usually between 61.8% and 161.8% of Wave 1. Wave Y is next most likely to be equal to 61.8% or 161.8% of W by price. Expect the time taken by Wave Y to be between 61.8% of Wave W and 161.8% of shortest of Wave W and X. Wave XX is usually a Zigzag family pattern. Wave XX is usually less than 70% of Wave Y by price. Wave XX will usually retrace at least 30% of Wave Y. Wave XX is most likely to be a 38.2% retracement of Wave Y. Wave XX is next most likely to be a 50% retracement of Wave Y. Wave XX is next most likely to be a 61.8% retracement of Wave Y. The largest Wave within Wave XX is usually less than 140% of Wave Y by price. Wave Z is most likely to be about equal to Wave Y by price. Wave Z is next most likely to be about equal to 61.8% or 161.8% of Wave Y. The largest Wave in Wave Z is usually less than Wave Y by price.
NYSE:BABA
by samitrading
RSI positive Divergence formation on Weekly Timeframe.Short Term Quick Bounce to Low $140s expected. Longer term we all know its a 3-5X bagger. On the Weekly Timeframe Bullish Divergence on RSI and MACD. Bullish Harami Candle Stick Pattern. We will see an uptrend soon. Short term we have to expect some volatility but buy on the dips and DCA. Caution: Also , for a stronger confirmation before going all in, i will suggest to wait for a Higher Low after the pull back from $140.
NYSE:BABALong
by Swaraj6688
$BABA sniper edition #1*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* Recap: My team started a long $BABA position November 18, 2021 at $161 per share. My team averaged down on our position today at $122 per share bringing our share average to $141.5. Our First Entry: $161 Our 2nd Entry: $122 Take Profit 1: $180 Take Profit 2: $193 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:BABALong
by SimplyShowMeTheMoney
8
$MU sniper edition #4*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* Recap: My team entered $MU at $72.92 per share. Our first take profit is $92. My team averaged up on our position today at $82.5 per share bringing our share average up to $77.71. OUR FIRST ENTRY: $72.92 OUR 2ND ENTRY: $82.50 FIRST TAKE PROFIT: $92 2ND TAKE PROFIT: $103 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:MULong
by SimplyShowMeTheMoney
2
#WISH Still moving inside the falling wedge. I am LONG!Hi All, my main 3 take-outs from this analysis are the following: 1- RSI and MACD showing bullish divergence in the daily chart 2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January 3- Shrt term target is 9.40$ to close the daily gap, while my medium long term target is 15$ Not a financial advice, just personal opinion. Do your own due diligence and good luck!
WLong
by FrancescoMerlettini
2
#BABA Possible another 10% drp to re-test historical trendlineHi All, my main 3 take-outs from this analysis are the following: 1- RSI in the weekly chart is in oversold territory with divergence vs prices 2- Price might re-test the historical trendline at around 100$, which is a 10-13% additional drop from current levels 3- Possible support at 100$ is also a psichological support level (rund number) Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NYSE:BABAShort
by FrancescoMerlettini