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BABA

Is the Sleeping Giant ready? *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* My team has been following Alibaba for the past few months. We have an original entry of $207, with a short term target of $238. There is no denying the massive oversell of BABA. It's a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October. So is the sleeping giant ready? My team wants new traders to understand that timing the market is impossible every time, so instead we're more focused on risk management. This is why our stop loss is at the $203 range. If it goes past that price range expect BABA to correct down to $188-191 per share. However, we're expecting the giant to have a short term rally up to $238. Please follow us @Simplyshowmethemoney in order to stay up to date with our current trade topics and trends. Feel free to comment and let us know your thoughts.
NYSE:BABALong
by SimplyShowMeTheMoney
1
BABA BUY/LONG NOW READY! 200.00 to 350.00 by Early-Mid 2022! TICKER CODE: BABA Company Name: Alibaba Group Holding Limited Industry: Consumer Cyclical | Internet Retail | China Position Proposed: BUY Technical Analysis 1. Falling Wedge Pattern (Potentially Completed) 2. Ranging in Channel 3. Area of Confluence with Trendline and Horizontal Support (Key Level) 4. Fibonacci Retracement at 0.786 is at key market structure 5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole and also Channel Range (Trendline Resistance) Buy Entry: NOW READY (200.00-220.00) 1st Partial Take Profit: 350.00 (Early-Mid 2022) 2nd Partial Take Profit: 439.50 (End 2022) Stop Loss: 170.00
NYSE:BABALong
by traderprosignals
2
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.
NYSE:BABALong
by caldooninvestment
13
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
NYSE:BABALong
by Grandmaster76