BABA
BABAShares of Alibaba notched their best day since June 2017 as markets smiled on restructuring at the Chinese e-commerce giant. The shares were poised to rise again Tuesday.
U.S.-listed stock of Alibaba (ticker: BABA) jumped 10.4% Monday, the biggest one-day rise since June 8, 2017—when it rose 13.3%—and the stock had surged a further 5.3% in premarket trading Tuesday. Alibab a’s Hong Kong-listed shares (9988.H.K.) soared 12.2% in Asian trading.
BABA in a nutshell ! One chart ! One support line ! One RSI low!I do not know if any of this is going to happen, just something for you to consider !!!
Based on 21 Wall Street analysts offering 12 month price targets for Alibaba in the last 3 months. The average price target is $216.10 with a high forecast of $275.00 and a low forecast of $170.00. The average price target represents a 61.55% change from the last price of $133.77.
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.
$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
$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: $103
If you want to see more, please like and follow us @SimplyShowMeTheMoney
#WISH Still moving inside the falling wedge. I am LONG!Hi All, my main 3 take-outs from this analysis are the following:
1- RSI and MACD showing bullish divergence in the daily chart
2- Price action is moving inside a falling wedge and I would expect a rebounce from these price levels today or tomorrow the latest, in order to see a recovering and a possible breakout of the falling wedge at around mid-January
3- Shrt term target is 9.40$ 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!
#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!
Alibaba | Fundamental Analysis | MUST READ ⚡️Alibaba shares fell 11% last week after the Chinese e-commerce and cloud leader released its Q2 earnings report. The company's revenue increased 29% YoY to $31.1 billion, $673 million less than forecasts. Excluding the consolidation of hypermarket operator Sun Art, the company's revenue would have grown only 16%.
Adjusted earnings dropped 38% to ¥11.20 ($1.74) per ADS, which was not in line with the analysts' expectations by $0.19. Under generally accepted accounting principles (GAAP), which include many investment-related losses, adjusted earnings fell 81% to ¥1.97 ($0.31) per ADS.
These numbers look terrible, but have investors overreacted and created a perfect opportunity for more calm investors? Let's break it down.
Alibaba gets most of its revenue and all of its profits from its trading segment, which operates online marketplaces (Taobao, Tmall, and others), physical stores, cross-border and overseas markets, and the logistics arm of Cainiao.
Alibaba Cloud, China's largest cloud infrastructure platform, is generating a growing percentage of the company's revenue. This segment is still loss-making on GAAP, but it makes a very small profit on adjusted earnings before interest, taxes, and depreciation (EBITA).
That growth rate seems healthy, but the retail segment has relied massively on the extension of its lower-margin retailers, online stores, cross-border and logistics businesses to offset the slowdown in its higher-margin online Taobao and Tmall stores in China.
This pressure has caused the merchant segment's adjusted EBITA margin to fall sharply over the past year, even as cloud segment margins have recovered.
This decline is likely to continue as new antitrust rules block Alibaba from making exclusive deals with merchants. Fierce competition from JD.com, Pinduoduo, and other rivals will increase this burden and make Alibaba rely even more on expanding its low-margin platforms to attract more buyers.
This is worrisome because profits from Alibaba's commercial segment support the expansion of loss-making cloud technology, digital media and entertainment, and innovation initiatives. The loss of these profits could notably diminish Alibaba's capacity to develop its ecosystem.
Alibaba's profit miss and shrinking margins were already disappointing, but the company's forecasts were even worse. Back in May, Alibaba said its revenue would grow by about 30% in fiscal 2022. It reiterated that forecast in August.
But this time, it lowered that forecast to growth of only 20% to 23%. Management attributes this significant decline to lower commercial revenues from both direct sales and customer management (listing fees and commissions).
By contrast, experts forecast JD and Pinduoduo to increase their revenues by 29% and 83%, respectively, this year.
During the conference call, CFO Maggie Wu explained the slowdown by competition from "more players" in China's e-commerce sector and suggested that these rivals are "raising investments to acquire users."
On the other hand, Wu said the company's international business, which mainly includes the Southeast Asian trading platform Lazada, the Turkish trading platform Trendyol and the cross-border trading platform AliExpress, is still showing "strong growth." Nevertheless, she did not address Lazada's continued loss of the Southeast Asian market to Sea's Shopee over the past four years.
Alibaba trades at just 18 times projected earnings. JD trades at nearly 40 times projected earnings, and Pinduoduo has a P/E ratio of nearly 90.
Some influential investors, including Charlie Munger, think that Alibaba's market dominance and lower valuation make it an undervalued growth stock. But it's hardly a bargain, and here is why: its main profit engine is slowing, its margins are falling, and it has too many rivals in China.
All of these problems, as well as unresolved regulatory problems with Chinese stocks listed in both the U.S. and China, make Alibaba seem like a value trap.
Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
Have a Good Day Trading !
BABA keep going lower???In the past few weeks, BABA keep going lower and lower and lost 65% of its value in the last 58 weeks!
Any sign of recovery?
I'm not able to see any ..!
These green lines are a possible support zone!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
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 heading straight to the "Trend Line" or NOT !!!I do not know if any of this is going to happen, just something for you to consider !!!
Based on 21 Wall Street analysts offering 12 month price targets for Alibaba in the last 3 months. The average price target is $216.10 with a high forecast of $275.00 and a low forecast of $170.00. The average price target represents a 61.55% change from the last price of $133.77.
$BABA Alibaba building this potentially bullish Inverse H&S..Alibaba has been basing in the form of a bottoming reverse head & Shoulders formation. if this plays out as per the textbook we have a target in the region of $216. Keep a close eye and watch for a close above the neckline to confirm the pattern.