BABA
52-Weeks Low Made for #BABA#BABA has been trading under Bear Pressure for so many months and weeks and this week it has made a new 52-Weeks Low which is a strong Sell as per Technical Analysis. As it is visible on charts, our Fast Moving Momentum indicating further weakness and a possibility of making another Low from here. As it is trading near its support level, this may get some buying interest and may bounce from here for a shorter period of time or this may fall further from here without a dead cat bounce from here.
In both situations, Sell either when the current Low is broken or it rises upto 170-180 and short between this range with SL as 180.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades given by me. I MUST not be held responsible for any profit or loss out of any trades you take on our advice. All Disclaimers Apply.
$BABA $TSLA $HOOD $PSFE I OptionsSwing WatchlistHOOD 2H I HOOD made another big move last week, and moved up 12%+ from our entry. We should see a bounce between $43-$45 before any continuation.
PSFE 1D I PaySafe has an average price target of $14, or a 65% upside from here. We are seeing a possible double bottom near $8 and a bullish divergence on the RSI.
TSLA 4H I Watching TSLA for a break above $780. Every dip has been bought since May, and after a breakout above this trend I truly think it will retest all time high.
BABA 1D I BABA is down 50% from ATH levels reached back on 2020. We have a bullish divergence on the RSI, and will most likely see an ER run up from here.
Baba going down the waterfall. BABAAgain, a large cap has recently pivoted and had started to draw zigzags heading down in due course. Is this a canary in the coalmine?
Fibonacci goals are in green, and invalidation is in red. We know of no more powerful tool in analyzing the markets other than NeoWave / Elliott Wave theory when correctly combined with a few tools in out belt. Make sure to remember that this is not financial advice, and we never give financial advice on this channel. It is your job to create or seek out your own. Good luck out there and be smart!
Next support level???130 could be the next support level for the biggest Chinese company in the market!
While everyone talks about the 300 Billion dollars problem of Evergrande, No one pays attention to a 1.5x bigger problem of BABA.
If you are looking at the fundamental of BABA it could be the most undervalued stock in the market but systematic risk push it lower and lower every day!
220-230 is the fair value for BABA according to fundamentalists, but it seems in the near future BABA will not pay attention to these numbers!
We will wait and see, but its rebound should not be missed. Shorting BABA at these prices is not recommended..!
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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 $ROKU $HOOD $PSFE I OptionsSwing WatchlistHOOD 2H I Has an average price target of $55. Its still trading within a falling wedge. We have a bullish divergence on the RSI and saw bounce near our support at $40.
PSFE 1D I PaySafe has an average price target of $14, or a 65% upside from here. We are seeing a possible double bottom near $8 and a bullish divergence on the RSI.
ROKU 4H I ROKU is down 30%+ from recent highs and we have a bullish divergence on the RSI on the 4H chart. Watching ROKU on a breakout from the downtrend.
BABA 1D I BABA is down 50% from ATH levels reached back in October 2020. We are seeing a double bottom near $160 and a bullish divergence on the RSI.
Technical Analysis Of 15 Stocks!Hi,
Again, I would like to liquidate my old debts considering stocks analysis. At the time, there was relatively little interest in mentioning your favorite stocks, it was quite impossible to make a solid "top" of that. I solved it that way, I put in this idea some stocks you mentioned here that were at least worth analyzing and some of the choices that I am currently interested in.
You should find some ideas on what to look for, lots of stocks from different sectors so, pick it or skip it:
1) AMD - Advanced Micro Devices
2) AAPL - Apple
3) BABA - Alibaba Group Holdings
4) RYA - Ryanair
5) LUV - Southwest Airlines
6) MCFE - McAfee
7) IBM - International Business Machines
8) NOBI - Nobia AB
9) PENN - Penn National Gaming
10) EA - Electronic Arts
11) TCEHY - Tencent
12) TTWO - Take-Two Interactive Software
13) STX - Seagate Technology
14) GM - General Motors
15) STNE - StoneCo
Hopefully, you found something interesting to go deeper about your research. Definitely do your own research, don't follow blindly!
Also, you can share your stock (ONE) in the comments and if I saw something there I can replay it!
Regards,
Vaido
BABA and a potential double BottomBABA reached the same price level at a very lower volume.
Harmonic:
Market Cap: 425 B
Shares Outstanding: 2.7B
Average Trading Volume (10 days): 21M
Shares Short: 49.8M
Short Interest(%): 1.82%
Days to cover: 2.2
Change in Short Interest:+8%
Ownership Breakdown:
Institutions:
General Public:
Hedge Funds:
Individual insiders:
Sum:
Option profile:
Total OI:
Put Call Ratio: 0.67
Put OI: 397k
Call OI: 534 K
Highest Put:220
Highest Call:200
Max Pain: 190
Open Int (30-Day): 3.95 M
DISCLAIMER
I’m not a certified financial planner/advisor nor a certified financial analyst nor an economist nor a CPA nor an accountant nor 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.