BABA
BABA Head and Shoulders- Watch for break in supportA head and shoulders pattern has formed on Alibaba and the neckline is perfectly aligned with the firmly established support line that has been tested numerous times since October 2018. The head and shoulders pattern on BABA has been forming since September 2019 and if the neckline/support is broken I think we could see a very significant drop from here.
BABA (NYSE) - Be Calm
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
BABA (NYSE) - Be Calm
Buy $BABA - NRPicks 28 FebAlibaba is the world’s largest online and mobile commerce company, measured by GMV (CNY 5.7 trillion/$846 billion for the fiscal year ended March 2019). It operates China’s most-visited online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). Alibaba's China marketplaces accounted for 68% of revenue in fiscal 2019, with Taobao generating revenue through advertising and other merchant data services and Tmall deriving revenue from commission fees. Additional revenue sources include international retail/wholesale marketplaces (7%), cloud computing (7%), digital media and entertainment platforms (6%), Cainiao logistics services (4%), and innovation initiatives/other (1%). Mobile GMV accounted for roughly 85% of consolidated GMV in fiscal 2019.
- Growth
- 50.6% estimated net earnings growth for the next 3 years.
- ROE 11.7% vs. 12.8% industry average
- P/B 1.3x VS 1.4x industry.
Technicals:
- Price level below SMA 250-200-150-100
- Williams R% at -92% levels
- RSI (37) Oversold
- -6% average downside during the month
BABA FINALLY presents a good long entryHi everyone, here is my chart analysis of the weekly chart of BABA. I've been patiently waiting for months and it's finally come down to a good price level for going long.
I prefer using a tighter stop here (stop loss just above $200) with our profit exit in the lower green box around 270. That means we would risk about $20 per share to make roughly $40 per share, meaning our risk to reward ratio is roughly 1 to 2.
If we want a wider stop loss (something like at $185), we can then target the final zone near $300. That would be a risk of $40 down and a profit exit of roughly $80 up, which is a similar risk to reward ratio.
I've taken a break from posting on trading view, but have still been blogging 1-2 times per week on my blog. You can find all of my past trades since I started, and my analysis and thoughts on my active trades. I've been very profitable (risk-adjusted returns) for the 4 years that I've traded. Blog url: bigfryfinancialmarkets.com
If you have any questions or want a chart reviewed, please ask in the comments below!
Thanks, and I hope you enjoyed my analysis.
-Nathan
BABA aka ALIBABA IdeaG'day Guys. How ya doing?
Today we start our analysis with different from Forex. As our previous posting still valid and on progress following our projections.
Here our today first market preview. I believe most of you guys know about ALIBaba.
Let's me elaborate the idea. Base on bigger time-frame this pair showing of an minor trend, what i can see here this pair started losing a momentum to keep fighting with outside financial markets. In human behavior perspective,
this pair taking time to re-planning and restructuring their company to keep sustain in the markets.
I strongly believe this company on going creating a new business or a new competitive product. So I am not shock if Alibaba has something new soon.
In technical perspective, investor looking for liquidate their investment to make hard cash. Yeah let's what happen next.
Here you go, please comment and like if you guys like this idea.
Thanks Cheers.
BABA (NYSE) - Expect Close gapGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
TSLA (NASDAQ) - Expect to Go Down Close Gap
Note :
1. This is just a road map
2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message
3. If your information/knowledge is intermediate, it is very dangerous to do trade.
The next move Mid term bullish.
Opportunities: With the huge chinese consumer market and the increasing GDP/capita in China. China can only be more economically open to match the global treads (Capital flow becomes more efficient). As more and more US or worldwide investors interested in diversify their portfolio geometrically, the HK market and the China market would be attractive but investors can easily invest via Chinese company listed on NASDAQ/ NYSE so where would they put their money? BABA, because in Jack Ma, we trust. I do believe it will offer a great return in the middle term (8- 18 months) assuming covid dies within 10 months (I know im wishful thinking).
Treats: Remember when Jack Ma talked shxt about some political figure (Wang Qishan) in China and "quarantine" for 3 months? Jack like any CEOs/ Businessmans in China, is just "player", they do business (Play the game) in 2 dimensions, while the big boys (politicians) are the rule makers and "Game master" who control the game (Market) in 3 dimensions. There is no doubt that politic is a huge problem that distort economic transparency (Especially in a Communist regime) in the financial system.
Conclusion: Buy it with the purpose of diversitation. Jack CAN NOT do all that he wanted, he is a visionary but also a property of China (sadly) his outspoken nature could backfire. But China will not let BABA fail easily, not until there's a replacement with a equal or bigger market cap at least. BABA is so much more than just a company, it is a symbol of some sort.
Disclaimer: I am not a Financial Advisor, content is for entertainment only. All content above are my opinions.
THC (Tenet Healthcare Corp) Like the look of this THC chart. Healthcare has been a "buzz" sector and I think it will really pick up steam after the election. The green horizontal lines indicate 1M/3M areas of resistance, the light blue line weekly level. Trying to do more following of price action on this one rather than attempting to be too predictive. I am long as of now with the intention to hold for a few months.
ALIBABA - Open Sesame for the Trend!Hello Trading Family, I found BABA chart interesting.
We can see that BABA is currently trading inside these two brown trendlines forming a rising broadening wedge.
And it is currently approaching a strong rejection/support area.
I call it "War Zone" , highlighted in Orange (circle).
The highlighted orange circle is a strong area to look for buy setups as it is the intersection of support in green 210.0 and the lower brown trendline acting as non-horizontal support. (trend-following setup)
As per my trading style/plan:
Short-term: As BABA approaches the orange circle (area), I will be looking for bullish reversal setups on lower timeframes (like a double bottom, trendline break , and so on...)
Long-term: I will be waiting for a third swing high to form around the upper blue trendline (projection in purple) for it to become valid then buy on this last swing high (gray area) break upward.
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck
All Strategies Are Good; If Managed Properly!
~Rich
BABA (NYSE) - Still Bullish Trend for longtermGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
BABA (NYSE) - Still Bullish Trend for longterm