Bababuy
Alibaba lift off !! Alibaba
Short Term - We look to Buy at 102.52 (stop at 92.78)
Dip buying offers good risk/reward. Trading volume is increasing. Previous support located at 100.00. Trading close to the psychological 100.00 level.
Our profit targets will be 138.58 and 164.00
Resistance: 120.00 / 138.50 / 180.00
Support: 100.00 / 83.00 / 73.51
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BABA Price TargetThe Price Target for BABA Alibaba is $135.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
ALIBABA , is gonna ready for end this correction eventually ?A three-wave ascent and then a diagonal drop indicate that we are in a larger scale in a triangle or structure.
+ Personally, my entry strategy is wait for the conflict and corrections of the indexes to end and see a confirmation of the end of the downtrend, and I confidently enter with a heavy volume ... because it has good conditions for entry !
+The analysis is based on the fact that the United States reached a trade agreement with China to prevent its enemies from uniting.
Great Long Opportunity on BABA
Great Long Opportunity on NYSE:BABA , but wait and see if VMC green buy indicator keep showing at the end of the month!
Potential 150% gains if BABA reach ATH!
**I think NYSE:BABA is a great mid-long term hold although there is "delisting risk" with the chinese stocks on NYSE**
NYSE:BABA
www.tradingview.com
BABA - Alibaba Group Holding LtdBullish - Will require patience like my other trades.
( NYSE:BB NASDAQ:TLRY )
Previous Close 165.24
Open 159.99
Bid 159.56 x 800
Ask 159.57 x 800
Day's Range 158.56 - 161.74
52 Week Range 152.80 - 319.32
Volume 30,294,580
Avg. Volume 20,830,984
Market Cap 436.158B
Beta (5Y Monthly) 0.81
PE Ratio (TTM) 19.25
EPS (TTM) 8.28
Earnings Date Nov 03, 2021 - Nov 08, 2021
1y Target Est 1,788.37
NYSE:BABA
CAPITALCOM:BABA
BCBA:BABA
SIX:BABA
MOEX:BABA-RM
SWB:AHLA
CAPITALCOM:9988
BCBA:BABA
OTC:BABAF
FTX:BABAUSD
MYX:ALIBABA-C3
SWB:2RR
BITTREX:BABAUSD
BABA - POSSIBLE TRADEHello there,
As you can see in the chart BABA is holding the 0.786 FIB level and bouncing from there, also we have a bullish RSI divergence confirming our entry.
We will enter our trade in this level with a SL in the yellow line.
Our target: sky is the limit, you can chose your own percentage.
Cheers.
My perception of Alibaba's weekly stock chartMy perception of Alibaba's weekly stock chart as follows !
After a five-wave with three continuous shares, it enters a correction in the form of a second wave. This is formed as a flat with a big b wave. maybe just it want to make triangle to ready for powerful third wave .. so buying and maintaining it at prices from $ 140 to $ 150 is extremely attractive
Considering the time of the second wave, , it noted that the third wave is the main continuous wave and has very high goals .. maybe above $ 1500 😁 .. so the long holding stock may not be bad .. though it does bother you a little over time
BABA: Alibaba's future looking goodBABA trying to break the resistance line! Looking to crate a higher low, so that we change the down trend! If it breaks the resistance line it will have a great upside move! Also waiting for the results coming out on the 18th which will decide its future! Positive results, will lead BABA faster to the upside move! Big investors and hedge funds are already in, its a matter of time for it to go up
BABA Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
BABA 3D Buying with a short stop can give a good resultLooking at the global chart of Alibaba Group shares, it appears that the 38% corrective fall is reaching its logical conclusion.
During the fall, each renewal of the minimum was accompanied by a decrease in trading volumes, and the "Bullish Pennant" pattern is formed on the chart itself.
The target for working out such a pattern is in the region of $265-285, which is at least + 30%.
In this zone, you should cover longs and look around to see what the general mood will be in the market.
Analyzing the chart today, we consider the scenario of the continuation of the correction of the price of BABA shares down to $165 , and possibly to $135, after a rebound to the zone of $265-285 from current prices , is more likely.
This assumption will be shattered by buyers if they can confidently fix the price of BABA shares above $285
Let's wait and see who will dominate the market in the future)
$BABA Waiting for entryI have noticed a lot of bullish sweeps lately trying to guess the bottom here. There is a descending wedge forming on the weekly chart that has become an issue if it continues to drop under the buy zone that I have set below. My buy zone is based on the retracement level that coincides with the highs in 2018. As these sweeps kept coming in, the 2022 LEAPS caught my attention. If BABA manages to break out, it will be interesting how price will hold these levels now that it seems that big accumulation is taking part. Also important to note that ADX is getting a strong sell signal whilst orderflow shows otherwise. IV is also the lowest it has been in the last 52 weeks, so a big move to either side could take place soon.