Based on my Elliot Wave analysis of NYSE:BABA , it appears that the stock has been following a corrective pattern since its inception, with the peak occurring during the 2020 bull run. Since then, it has been in wave B, currently progressing into subwave C of wave B. The trend is strongly bearish, indicating a downtrend. I anticipate wave B to conclude around...
VideoAnalysis. Have we bottomed or heading to $50. Please let me know your thoughts about this stock. Thanks BigMike
Technically short Fundamentals long I short Baba! Cuz fundamentals are manipulated, and news are made by insiders and old. I keep it simple. But profitable and effective.
based 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...
Alibaba - 30d expiry - We look to Sell a break of 79.38 (stop at 84.38) The primary trend remains bullish. The stock is currently underperforming in its sector. This is currently an actively traded stock. Daily signals are bearish. We are trading at oversold extremes. There is no clear indication that the downward move is coming to an end. 79.48 has been...
Are you still waiting for lower prices ? Buying lows from 2016 was not cheap enough for you? Baba created higher lows structure on weekly. Looks mega bullish. Expecting more upside soon Target 1: 170 $ target 2: 200 $ Stop loss: 76,50 $
From First Candle 15/09/2014 - 04/10/2022 Low was 423 weeks. Expected bottom at 08/05/2023 a during of 451 weeks from Origin. 423/451 Variation Vector Magnitude from 28/09/2015 low -26/10/2020 Top = 372.73 units Time distance from 28/09/2015 low - 04/10/2022 Bottom = 369 weeks (-3 weeks) Vector Magnitude from 26/10/2020 Top - 04/10/2022 Bottom = 282 units Price...
- BABA potential Weekly / monthly inverse H&S shaping up - need to form weekly uptrends first - 4h EMA 12 short term uptrend guide.
BABA appears to be in an expanding diagonal on the HTF. Would expect the 5th to start after 1 more dip to bring the bears back only to slaughter them later.
Good setup for a short. Equity reached highs of the last run and starting to stumble while market ripping and showing some reversial potential here. Also not surprising is that it was one of the leaders in the up move and now is signalling where the market may go next. Red line SL, green lines TP 1, and 2, respectively. GL
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...
BABA weekly bearish hammer at local high closing below MA 100. Stop loss above local pivot.
Order SELL BABA NYSE Stop 73.61 LMT 73.61 will be automatically canceled at 20230401 01:00:00 EST BABA daily indecision continuation wave 5 downtrend can run into monthly support zone and retest of weekly downtrend line
First, I have to back to my previous idea about Alibaba Group Holding. Do you remember it? 👇(it moved as I ✅expected✅). BABA passed main wave B in the Resistance Zone, and I expect it to go DOWN to the end of main wave C that I showed in my chart. Alibaba Group Holding Analyze (BABAUSD), Timeframe 4H⏰ (Heikin Ashi). Do not forget to put Stop loss for your...
Alibaba Short Term We look to Sell at 87.83 (stop at 92.37) We look to set shorts in the early trade. The medium term bias remains bearish. Short term bearish momentum has stalled. However, with the intraday chart now highlighting lower highs we are possibly forming a descending triangle pattern. Our profit targets will be 78.05 and 73.21 Resistance:...
Forecast for price reduction. Earlier, the forecast No. 20 for price reduction was published. The downtrend continues
Alibaba Group Holdings Ltd. ( NYSE:BABA ) Sector: Retail Trade (Internet Retail) Market Capitalization: $309.183B Current Price: $117.62 Breakout Price: $120.00 Breakdown Price: $85.00 Buy Zone (Top/Bottom Range): $102.65-$87.00 Sell Zone (Top/Bottom Range): $113.80-$124.95 Price Target: $128.40-$131.70 (1st), $167.50-$171.10 (2nd), $15.70-$14.00 (3rd) Estimated...
which side can break its totally up to market but price looking interesting friend you can check its for tomorrow ....