BABA surges — (SHORT) TP1-3 & stop posted. I Economics/social conditions in nHK makes for a bad year for CCP—Economic analysts put it near worst in 27 years. Honestly I’m terrified because the situation is boiling up and tensions are rising between both sides for many different reasons systemically as each day passes
What did I say about $FB 2 days ago? $TWTR $MSFT yesterday?
Exactly
.
Today it’s all about you Baba
Don’t let the mother FUDDERS fool you -
This thing is running strong despite the hamstring in the Chinese economy alongside with your political crisis that is the HK protests but that will Unfortunately culminate in something much more detrimental or tragically bettering the market when it comes if it comes one thing is certain there will not be a Tiananmen Square to Unfortunately culminate in something much more detrimental or tragically bettering the market when it comes if it comes one thing is certain there will not be a Tiananmen Square 2.0 as That would be the end of CCP
Why? My friends asked me; why is Xi himself mobilizing troops then ? At the bridge Separating its cave mainland China...Well the answer is in the question, He knows he can’t do nothing but at the same time be cant repeat what Mao did for fear of Global backlash— I think we can take our lessons from the Arab spring/Ukraine and several other scandals Is that all it takes is one photo from a smart phone loopeed on $TWRR
This is psy ops on the part of the CCP. Have to remember this thing with you in a minute square was not even 30 years ago so a lot of these people remember vividly and so that’s why I couldn’t really understand why they would put their lives in that situation and expect s different outcome when the “duh” hit me — imagine we had the rape of Nanking, Security camera footage from Auschwitz or some Of Genghis Khan’s slave camp so we would be absolutely a palled especially with the high definition of Genghis Khan‘s slave camps we would be absolutely a palled especially with the high definition HK 4 K ultra.:
The people of Hong Kong know this so they are going to remain resilient and it will be very scary yet very interesting to see how this pans out and while the greedy institutional investors obviously are worried about their pockets I am more worried about those citizens believe it or not they are human beings and I don’t give a shit if I don’t know where they are I do not want to see them get slaughtered..:
Remember: be good to thy neighbor. Happy EBirthday to me
- @a1mTarabichi
Bababuy
BABA approaching support, potential for a bounce!
BABA is expected to drop to 1st support at 168.74 where it could potentially react off and up to 1st resistance at 175.75.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Daily BABA forecast timing analysis by Supply-Demand strength24-Jun
Investing strategies by pretiming
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: In the midst of an upward trend of strong upward momentum price flow marked by the temporary falls and strong rises.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak buying flow to a suddenly strengthening buying flow.
View a Forecast Candlestick Shape Analysis of 10 days in the future: www.pretiming.com
(You can easily create a trading plan.)
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 4.1% (HIGH) ~ 0.5% (LOW), 2.6% (CLOSE)
%AVG in case of rising: 2.0% (HIGH) ~ -0.5% (LOW), 1.5% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -1.8% (LOW), -0.8% (CLOSE)
Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Elliott Wave View: Short Term Bullish in AlibabaShort Term Elliott Wave view in Alibaba is bullish with the rally from February 8, 2019 low ($163.58) unfolding as an impulse. Furthermore, the cycle starting from January 23, 2019 low has not reached 100% target, thus still favoring further upside. Near term, rally from Jan 23 low to $171.05 ended wave ((i)) and pullback to $165.09 ended wave ((ii)). Wave (( iii )) ended 187.45 peak.
Up from $165.09, wave (i) ended at $172.68, wave (ii) ended at $169.8, wave ( iii ) ended at $183.72, and wave (iv) ended at $178.71. Wave (v) unfolding as an ending diagonal which ended at 187.45 peak. Below from there, the stock should now pullback in wave ((iv)) to correct cycle from Feb 19, 2019 low in 3, 7, or 11 swing before the rally resumes. As far as pivot at $165.09 stays intact, favor more upside in Alibaba in near term.
NYSE:BABA: Let's see where it ends upHi All,
Hope all your trades are going well.
Posting this chart because I see buying oppotunity for NYSE:BABA
Entry NYSE:BABA: Exponential Moving Average (200) 122.09
The current RSI is showing close to being oversold, and starting to create a falling wedge
Shortterm I expect the price to pullback, in a bearish breakdown
There is a possibility that BABA has bullish reversal
however, I will be patient for the trade to come to me instead of chasing it
Please let me know what you think because this could go the complete opposite of what the chart shows
Objectively still bullish on NYSE:BABA
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....
BABA: Accumulate at bottom of channelBaba is like the Goog, it isn't going away and neither is China. Baba is less about international trade than it is a domestic play. Look for policy or fiscal support as the CCCP look to soften the Trump tariffs. Stock is trading at the bottom of the channel with a potential positive MACD divergence and should consolidate around current levels before testing the channel's upper boundary around the $210 level. Stops can be placed below the channel's lower boundary for a good risk reward trade.
THE FUNDAMENTAL LONG PICTURE FOR ALIBABA (BABA)China’s economy is growing at a 6-7% annual rate and is on track to pass the United States as the largest economy in the world within the next decade or two. China’s middle class is made up of 1.3 billion individuals and those individuals are beginning to shop online a lot! In this scenario it only makes sense to own stock in the most dominant Chinese e-commerce company, Alibaba.
You have probably heard of Alibaba referred to as the Amazon (AMZN) of China. The similarities between Alibaba and Amazon don’t stop at online retail. Alibaba, like Amazon, also has a dominant and rapidly growing cloud computing business. In Q4, 2017 its cloud business grew by 104% YoY.
Aside from its already impressive e-commerce and cloud computing businesses, Alibaba also owns a portion of a rapidly growing fintech company called Ant Financial. We think Alibaba is well positioned for the next decade! The e-commerce, cloud computing, and the mobile payment industries should continue to see plenty of growth!
Alibaba’s stock is currently trading at forward-PE of 26. Analysts have forecasted a 5-year EPS growth rate of 29%, assigning Alibaba a PEG of 0.9.
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Long BABA @ daily @ new all-time high 2017 only question of timeTake care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron