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.
BABA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
Win Big and Lose Small storyAugust 2021, was one of the best months for me.
While Major indexes (NASDAQ, S&P 500, Dow Jones, Russell 2000) gained between 1.5-4 %, I had 8 analyses with a 10-73% gain in one month, those which hit stop loss made 1- 4% loss..!
I also trade BABA option twice and close them with +180 and 100% profits..! and had 2 unsuccessfull trade with -30% loss
(use 3% of my capital for each trade)
I publish this review to talk about one of the most important habits(strategies) in trading.
Novice Trader Story:
Season 1: In the middle of a bullish market, FOMO: Fear of Missing Out
Episode 1: Before Trading Journey Started
Many people and friends share their experience of making profits trading cryptos and stocks on their social media, why should not I give it a try???
Episode 2: Trading Journey Started
Opening the trading account, installing the app, transferring the money, and the gate of a multi-trillion dollars world are open now!
Episode 3: Pushing the first buy button
Welcome to the journey of trading, a journey full of adrenaline for novice traders!
Episode 4: Making the first profit
It feels like I am the wolf of wall street!
Those who entered the market after March 20, 2020, think making money in the market is the easiest thing in the world.
From a statistical point of view, it is very unlikely to made loss between March 2020 and February 2021.
Episode 5: Market become less inefficient
In a trended market (inefficient market) most tickers are positive on most of the trading days..! so making money is more probable than loosing it even for novice traders!
Problems start when corrections start, novice traders start changing their positions to find the bullish tickers that gave them the same good feeling.
They do not know market behaves in cyclical patterns and they experience multiple corrections by chasing for the best bullish movees.
Episode 6: Fear of Loss
after a couple of bad experiences, they decide to cash out the profits as soon as they see any, no matter how little it is..!
Episode 7: Vicious Cycle
Novice traders now experience the killing phenomenon of losing big in the hope of making reversals and wining small in fear of losing their small profits.
Episode 8: blowing up the trading account
There is not much left to lose!
After the trading account becomes smaller and smaller, it is time to go all-in. Usually, it does not work..!
Episode 9: what should I do now
Novice trader is now addicted to trading and can not stop trading, so decides to recharge the account..!
Episode 10: start over
Novice Trader 1: Keep doing the same thing over and over again, the same result over and over again (majority)
Novice Trader 2: Start learning about the market (reading books, courses) and keep trading, better results but making lots of mistakes because of not having a fully defined strategy.
Novice Trader 3: Stop trading and back to normal life, an insightful decision for many people if they make it..!
Novice Trader 4: Stop trading, start learning, and promise themselves not to start trading unless they have a fully defined strategy with good backtesting results. (less than 5% of all people)
Nash Equilibrium:
What Is Nash Equilibrium?
Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there is no incentive to deviate from the initial strategy. More specifically, the Nash equilibrium is a concept of game theory where the optimal outcome of a game is one where no player has an incentive to deviate from their chosen strategy after considering an opponent's choice.
Overall, an individual can receive no incremental benefit from changing actions, assuming other players remain constant in their strategies. A game may have multiple Nash equilibria or none at all.(Investopedia)
What Is a Zero-Sum Game?
Zero-sum is a situation in game theory in which one person’s gain is equivalent to another’s loss, so the net change in wealth or benefit is zero. A zero-sum game may have as few as two players or as many as millions of participants. In financial markets, options and futures are examples of zero-sum games, excluding transaction costs. For every person who gains on a contract, there is a counter-party who loses.(Investopedia)
Conclusion :
Traders can make decisions and hurt themselves if they deviate from their main strategy based on Nash Equilibrium.
Most Important Question any trader should ask her/himself:
What is my strategy to make money in the market?
How I can make it better???
Refrence:
1- UPST:
2- AFRM;
3-ROOT:
4- PLTR:
5-AMC:
6- COIN:
7- GME:
8- BABA:
9- SPRT: