BABA Road to $400 Continued...BABA's choppy road to $400 continues. IMO it is time to accumulate it for the long term hold.
BABA
BABA - Ready To Launch 🚀-As of Wednesday, Alibaba is down nearly 33% from its late October peak despite showing robust growth rates.
-The company suffered one of its worst earnings in Q1, with solid performance eclipsed by a hefty Chinese fine.
-From behind a cloud of negative headlines, Alibaba continues to shine as a fast-growing, profitable company with China’s backing.
-The most recent blow was its Q1 earnings report, in which the company reported a roughly $800 million loss, its first-ever as a public company.
-BABA is substantially undervalued and the threats to its success are exaggerated.
Our Opinion:
BABA is oversold but with the given economic volatility and tech sector crash, a safe entry zone can be seen at around $195.
JD falling wedge, long on breakout Holding 80c 1/23, 80c 1/22
Gap was filled, triple bottom
Growth every quarter
BABA looks nice here but...BABA before diving in head first I would like to see something like this happen first.
i Call this the iCantw84it Break in momentum
by iCantw84it
05.20.2021
Time to buy BABALooks like time to buy BABA. Lot of overreaction on the price but good for buying. This is one of a lifetime opportunity. 65% growth in recent revenue...
Bearish Bidu for ERBIDU went up 80% after they announced EV news on Dec 30th. The have come down to the exact price of EV news and I think they will miss EPS estimates, prob beat revenue bc of ecommerce. I would say there valuation price target is in the $130-140's. The EV news is all speculation.
BABA Don't Preach, I'm In Trouble Deep!NYSE:BABA
Watching to fill this channel. Doesn't seem like it would be too difficult.
LONG 9988 (Alibaba) Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Highest Probability trade you'll see this week (BABA)Highest probability trade you'll see this week.
(Opinion Only)
BABA: 32 Analysts Rate a "BUY" with 40% upside After rising to new highs this year, BABA stock has retreated to $220 levels.
This may still offer a safe and good buy, with a projected 40% upside for the upcoming year.
The median price target is $322 and the highest price target is $407.
Note the red button on the MACD, we may see some more downside, but it shouldn't be huge unless the market as a whole really crashes.
I may buy this stock and hold long-term. This is not financial advise, do your own research.
What do you think?
Resource:
www.pricetargets.com
BABA in a Bearish TrendBABA Heikin-Ashi forming a clear trend downward. It is below all EMAs showing strength. MACD in a sell signal and Momentum below 0 and headed down. All signs point to BABA headed south.
Symmetrical Triangle ALI BABA - Crucial MomentThe day before they post their earnings, BABA shows a symmetrical triangle, which is composed of a diagonal falling upper trendline and a diagonally rising lower trendline. As the price moves toward the apex, it will inevitably breach the upper trendline for a breakout and uptrend on rising prices or breach the lower trendline forming a breakdown and downtrend with falling prices.
Crucial Moment!
