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Bababuy

BABA in a falling wedge (NEW)BABA stock has been in a long-term downtrend. We're expecting the price to continue droping as it looks like it got rejected from the downsloping resistance line on the weekly timeframe. What we can see on the chart is a pattern called a falling wedge. Most likely the price will revisit $60 or lower but eventually we expect the breakout in Q2 or Q3 2023. How to trade: Enter long position if/when we get a breakout with a volume increase. Final target and the take profit level are shown on the chart. Good luck
NYSE:BABALong
by vf_investment
4
Alibaba Stock Surges 10% as Earnings Beat Expectations Shares of Alibaba Group Holding Ltd. (NYSE: NYSE:BABA ) are soaring after the Chinese tech and e-commerce giant reported quarterly earnings that exceeded Wall Street expectations. Alibaba’s latest financial results reflect strong growth in its cloud computing division, which includes artificial intelligence (AI) initiatives, and the broader market optimism surrounding its strategic moves. Beating Estimates with Strong Revenue Growth Alibaba posted revenue of 280.15 billion Chinese yuan ($38.5 billion) for the December quarter, marking a 7.6% increase year-over-year. The company’s earnings per share per ADS came in at $2.93, surpassing analyst expectations tracked by Visible Alpha. CEO Eddie Wu emphasized that Alibaba’s strategic focus on "user-first, AI-driven" operations has contributed significantly to its reaccelerated growth. One of the standout aspects of Alibaba’s performance is its cloud computing segment, which saw a 13% year-over-year revenue increase. Notably, AI-related product revenue surged at a triple-digit rate for the sixth consecutive quarter, underscoring Alibaba’s position as a dominant player in China’s AI landscape. Adding to the bullish sentiment is speculation that Alibaba may be collaborating with Apple (AAPL) to integrate AI-powered features into iPhones in China. Moreover, reports suggest that co-founder Jack Ma has re-established ties with Beijing, a development that could ease regulatory pressures and pave the way for smoother business operations. Technical Outlook: Bullish Breakout with Strong Momentum From a technical perspective, NYSE:BABA shares have been on an impressive run, climbing over 80% in the past year. At the time of writing, the stock is up 8.09% in intraday trading, signaling strong bullish momentum. The breakout from a falling wedge pattern—a classic bullish reversal setup—has been a key catalyst in Alibaba’s upward trajectory. The Relative Strength Index (RSI) currently sits at 84, indicating that the stock is in overbought territory. However, with momentum building, further upside potential remains, particularly if BABA clears its recent one-month high. In the event of a pullback, the 38.2% Fibonacci retracement level is acting as a solid support zone, providing traders with a potential re-entry point. A decisive breakout above resistance could trigger another leg up, reinforcing the stock’s bullish sentiment. Conclusion With cloud computing and AI revenues expanding at a rapid pace, alongside renewed investor confidence, the stock remains in a strong uptrend. While technical indicators suggest caution due to overbought conditions, a breakout above resistance could unlock further gains.
NYSE:BABALong
by DEXWireNews
Alibaba Group | BABA | Long at $80.00Alibaba Group NYSE:BABA has the potential for massive growth. From a technical analysis perspective (and using my selected simply moving averages (SMAs)), the price of NYSE:BABA is reconnecting with its primary SMA. It could ride this area for a while as it consolidates further, but this often means a future reversal of the downward trend. Thus, at $80.00, NYSE:BABA is in a personal buy zone. Target #1 = $89.00 Target #2 = $94.00 Target #3 = $107.00 Target #4 = $116.00 Target #5 = $305.00 (very long-term view...)
NYSE:BABALong
by WorthlessViews
I'm GAGA for BABA!NYSE:BABA 🎯134🎯150🎯171 Five weeks of green candles for over 55%! Road this one higher from the beginning and fully exited. Now that we are pretty extended and broke out of the Inverse H&S Pattern I'd like to see a pullback to retest the breakout at $115-118 for an entry back in. - Green H5 - Volume GAP - Wr% Up trending - Inverse H&S breakout - China has momentum (look for tariff news or earnings this week to provide a dip buying opp.) Not financial advice
NYSE:BABALong
by RonnieV29
1
ALIBABA Ready to Explode! Big Gains on the Horizon!Alibaba (BABA) Technical Analysis - 15-Minute Timeframe - Long Position Setup Entry Price: $99.13 Stop Loss (SL): $97.32 Target Levels: TP1: $101.36 TP2: $104.96 TP3: $108.57 TP4: $110.80 Market Context and Sentiment: Recent developments indicate strong institutional interest in Alibaba, as evidenced by prominent fund manager Zhang Kun making Alibaba a substantial holding in his portfolio. This investment has bolstered positive sentiment around Alibaba, further supported by strategic economic measures favoring leading tech stocks in China. Technical Indicators: Trend Direction: Positive momentum is observed with price action above the Risological Dotted Trendline, signaling a bullish bias. Volume: Current volume at 16.04M aligns with the recent positive market sentiment, with average 30-day volume standing at 26.70M. This moderate volume increase reinforces the long setup validity. Analysis and Outlook: This setup presents a well-defined long entry with clear stop loss and target levels. The bullish institutional interest provides a strong fundamental tailwind, which could drive price action towards initial and extended targets. Should the price break through TP1 at $101.36 with sustained volume, a continuation towards TP2 at $104.96 becomes likely, with potential progression to TP3 and TP4. Conclusion: Alibaba's current price action and market sentiment create a favorable environment for a long position. Close monitoring is advised, particularly as price approaches each target, with adjustments as necessary to secure gains.
NYSE:BABALong
by ProfitsNinja
$BABA COORECTED ELLIOT WAVE ANALYSIS In my Elliott Wave analysis of BABA, I've observed a corrective pattern since its inception, with the peak occurring during the 2020 bull market. The correction seemed to have ended when BABA hit bottom in 2022. Following this, it appeared to start a new upward wave (wave 1), followed by a corrective phase (wave 2), which now seems to be complete. It's important to note that the placement of the other waves is solely for identification purposes and does not indicate any specific targets. This suggests that BABA could be gearing up for a bullish wave 3, making it quite promising for the long term.
NYSE:BABALong
by thekidtrader11
3
BABA Showing Some Bullishness Out of the Buy ZoneChinese stocks have been hurting from China's deflationary economic environment, as well as the Biden administration's restrictive measures for AI chips to China. I believe these factors have caused Chinese stocks to become extremely undervalued. BABA is currently within my buy zone and is starting to show some bullishness. The price is near the lows of the monthly Bollinger Bands, which is favorable for a long trade setup. The price is also significantly below the EMA ribbon, which is also favorable for opening a long. Price targets: The white trendlines are my key resistance levels on the way up, and the EMA ribbon has also been acting as resistance that has pushed BABA's price lower. I think the EMA ribbon will act as a resistance zone for BABA on the way up as well.
NYSE:BABALong
by realchartchamp
Alibaba (BABA) -> This After -80%My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Alibaba. For me personally it was quite impressive that Alibaba stock dropped more than 80% after the massive 400% increase from 2015 to 2020. Recently Alibaba stock retested and already rejected the previous all time low of 2015 and I think that it is just a matter of time until we will see a monthly bullish break of structure. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡
NYSE:BABALong
by basictradingtv
44
BABA NEW WEEKLY LOWHere is a depiction of where BABA currently is relative to Market Structure. The WEEKLY has just confirmed a new weekly gap due the 4H's Gap above previous lower highs creating a HIGH. The current 4h chart closed in one of my most profitable patterns called the Inside Bar showing a consolidation after a powerful move to the upside representing a breather in the market before the next move. Will be looking to ride price up until a weekly high is punched in signaling a reverse in trend to continue with the overall bearish weekly trend.
NYSE:BABALong
by CJITM
The most likely scenario on BABAbased on the price pattern has been formed in the last 3 years, the most likely scenario is what is shown by the blue line marked on the chart. due to the last move of the price and disability to catch the Last High which is marked by the orange line, market structure hasn't changed and downtrend is still continuous. so i'm expecting a new low and all of the mentiond fact beside the weakend downtrend show me a scenario which is marked on the chart by blue line.
NYSE:BABA
by soheilbehnoud1
5