BABA
$SOHU: China Come Back Poster Child?SOHU has been showing terrific relative strength against a basket of other Chinese ADR's and the KWEB etf. Last quarter was a 400% earnings upside surprise, and technically speaking, you could look at this as a large cup and handle pattern trying to break to the up side. At symmetry here, could this be a tremendous value buy? Or will the CCP keep up the antics? Stay tuned!
$BABA | Model Identifies Buy OpportunityHello Traders,
The targets on this chart are produced by a proprietary model. Data is fed into the model, the output is the targets you see on the chart.
In light of recent fundamentals $BABA and a slew of Chinese Stocks have taken a nose dive. My proprietary model is pointing in the opposite direction.
This will be a test for the model.
Falling Knife of Alibaba..!What is a Falling Knife?
A falling knife is a colloquial term for a rapid drop in the price or value of a security. The term is commonly used in phrases like, "don't try to catch a falling knife," which can be translated to mean, "wait for the price to bottom out before buying it." A falling knife can quickly rebound - in what's known as a whipsaw—or the security may lose all of its value, as in the case of bankruptcy.
What a Falling Knife Tells You
The term falling knife suggests that buying into a market with a lot of downward momentum can be extremely dangerous—just like trying to catch an actual falling knife. In practice, however, there are many different profit points with a falling knife. If timed perfectly, a trader that buys at the bottom of a downtrend can realize a significant profit as the price recovers. Likewise, piling into a short position as the price falls and getting out before a rebound can be profitable. Moreover, even buy and hold investors can use a falling knife as a buying opportunity provided they have a fundamental case for owning the stock.
Highest trading volume in a week since 2014..!
WSB : Number 3 on Their mentioned list!
Possible quick reversal to 190-200???
$BABA$BABA is simply being sold for one reason right now, fear that the Chinese Communist Party (CCP) policies will do "something".
That "something" ranges from nationalizing large companies in China to banning profits and foreign investment to the more standard communist practices of wealth redistribution and an inefficient government bureaucracy amongst widespread corruption.
But if we’re looking at $BABA as a company it’s undervalued.
If price is able to find support around my boxed level it would give a good long term hold.
Oversold on all major timeframes.
- Factor Four
Alibaba Analysis 20.08.2021Hello 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 days/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 would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
Alibaba (BABA) | Technically Inside a Long-term Buying Area.Hi,
Technically I can give a confirmation but fundamental research is your own thing. I recommend doing it because there might have a few issues. Yes, few not one, so think carefully and act if you have green lights from both analyses.
Regards,
Vaido
The worst is over for Chinese stocks BABAIf you are a long term investor I hope you used the panic to top up your holdings. If you are a momentum trader you still have the opportunity to ride the bounce or accumulate your position a bit later. Possible scenario for BABA but all names have something similar is as follows.
I treat that panic as an exhaustion and behavioural pattern confirms that so I consider the worst is over.
Personally, I played that dangerously catching falling knives and loosing hairs so my words bring some sort of hope, but from technical perspective the situation is as follows.
Another option is to treat the current leg up as a retest of the previous support but usually when you have seen that sort of panic and all the papers writing the same thing - it is just over.
I expect some turbulence at this resistance since bears will try to play down the move but final move is gonna be UP.
The first arrow is my initial momentum play. I expect to see some kind see-saw after the first leg and the second arrow reflects my further expectations.
Alibaba Analysis 18.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied.
Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied.
Leave your thoughts in the comment section, I will reply to every single one of them.
P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis
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Cautiously Optimistic for BABABABA currently has strong support at ~180 level. This beaten-up stock has a lot of China uncertainty built into the current price, and it is an extreme discount from fair value evaluations. More turbulence in China could cause more turmoil in the future, but BABA is still a compelling long-term opportunity in the 180-190 range.
baba w3 setuplooks like baba completed this subwave 2 correction / retraced nicely into the local golden zone
it is setting up for this wave 3 move which should take about a week or two to completely play out
sub wave 3 target = $227
equity down here could work for the larger swing as well, but personally i don't feel comfortable holding anything longer than a few days in these rocky markets.