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BABA

Has Alibaba found a Bottom? So far no. Alibaba (BABA) has been in a free fall down 36% since October 26th, 2020 when rumors began circulating that he had gone missing or had been arrested by the Communist Chinese Regime (CCP) that same month. Another factor that helped led to the sell off was rumors that Alibaba might be delisted form the NYSE. On Thursday (BABA) fell below $200 which had been a key support, but quickly recovered Friday to $205. At this $200 mark I believe Alibaba has been able to find a support and can start making a move to the up side. Currently is has a strong resistance at $230 which once broken and turn into a massive up run. There are three main factors that led me to believe a major upturn is upon us with BABA. 1. The RSI had hit 30 (1d Chart) when it broke $200. It then quickly bounced off. So with a really low RSI we have a ton of run to run. 2. TTM Squeeze Consolidation. I have been using the TTM indicator for a while now and have found when the indicator starts to consolidate and major run to either side happens and we are currently seeing this consolidation happen. 3. Alibaba is in a descending triangle which means a breakout can happen to either side, this helps support reason 2 and can help fuel a break sooner rather than later. Once I see a Break I will be buying calls. Let me Know what you think.
NYSE:BABALong
by Walkerwc2
BABA the Asian King is coming backNYSE:BABA Bet on the good stock with low risk! The we need is . 30 - 50% return in recent years! For what it’s worth, it’s never too late. Hey! how many times you shop and search for some deal in the Lazada app? within the Covid-19 struggled you at home. In Europe and America may not many... but if you are an Asian guy I believe that you open this app bold right now. Well, Ecommerce is not a new thing but cloud services are hiding from the majority perspective. It's growing up and profitability for the next BABA. OK don't talk so much. Buy it or not, you decide.
NYSE:BABALong
by misterbluesky777
$BABA buying the dip*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 has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $21.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October. Today my team has placed our 3rd buy order on $BABA at $210 per share. We're long. FIRST ENTRY: $207 2ND ENTRY: $220 3RD ENTRY: $210 TAKE PROFIT: $265 STOP LOSS: $203 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:BABALong
by SimplyShowMeTheMoney
6
BABA BUY/LONG NOW READY! 216.80 301.70 By End 2021!TICKER CODE: BABA Company Name: ALIBABA GROUP HOLDINGS LTD US Stocks Retail Trade Internet Retail Position Proposed: BUY (Long-Term) FOMO BUY ENTRY: 216.80 (NOW READY) NEXT BUY ENTRY: 213.40 1st Partial Take Profit: 301.70 (End 2021-Early 2022) 2nd Partial Take Profit: 363.25 (End 2022-Early 2023) NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION Stop Loss: 165.00 Technical Analysis 1. LARGE Rising Channel 2. Fibonacci Retracement at 0.786 3. 1st Partial Take Profit is at Fib Ext Level 1 Grey Zone (Safe Zone) 4. 2nd Partial Take Profit will be at trendline resistance level as well as level 2 of Fib Ext Blue Zone 5. Stochastic Expected to hit Stable Range then rise to overbought levels 6. the current market is a Break and currently retesting the previous resistance 7. Short-Term Timeframe (4hrs/Daily) has an impulse flagpole with a pennant (Continuation Pattern)
NYSE:BABALong
by traderprosignals
3
BABA FAKING IT?Alibaba (BABA) has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock. Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat. Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators. However, in April, Alibaba paid a smaller-than-expected but still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping. All of this comes as the S&P 500 and Nasdaq continue to grind out new all-time highs. It also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) - Get Report is the top performer with a near-40% gain in the first half of the year, while Netflix (NFLX) - Get Report is the worst, with a 2.3% drop. Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%. Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance. Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance . That said, there’s plenty of overhead hurdles. A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play. Keep the risk in mind but this could be a solid second-half rebound play.
NYSE:BABALong
by ShukriMahadi