Chinese 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...
Here 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...
Simple inside bar breakout. Entry over green line trim at high dashed line. Either use a % stop loss or last 10m candle after breakout.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
LARGE MARKET CAP BABA Discount 80% From Top USD Extreme Bear Levels Stock Recovery Imminent! TARGETS: 115 EARLY PROFIT 150 RALLY TOP 200 MAJOR RESISTANCE 300 FULL RECOVERY 450 MOONSHOT! Happy Trading!
My experience I owned shares of Alibaba for the last 10 months. I started buying when it dropped to $140 in November 2021, and then I started averaging costing during the downtrend, my average price was around $110 and I completely closed my position at the beginning of July 2022 when it traded at $120. In conclusion, made a small 10% during this period,...
According to my chart analysis , Baba Ali Baba Show strong signal to buy , buy max as you can .
Similar drops in red, the first and the third are the most comparable The third drop has pushed price down, right back to the first drop point A new cycle should proceed, as this pattern sequence completes itself
The price of Baba stock is around 86$ after dropping 77% from 320$ . i believe it is good area to start first buying and if drop more and more, second buying will be around 65 to 70 $ . first target is around 130$, and second target 180$ , and third target is 216$. this one without stop loss and without leverage. Risk management is your work . Good luck Thank...
If you haven`t sold on growth concerns: Then you should know that after averaging down multiple times, Daily Journal Corp, where investor Charlie Munger served as chairman until very recently, cut its stake by roughly 50%. My expectation is to see a double bottom in BABA this year.
The 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.
If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake. Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake. Then you should know...
VCP pattern emerged in this BABA daily chart. Long above 127. Target 138 and above. Mark Minervini is the reference guide to what is a VCP setup.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
I see multi-week accumulation from late November and 2016 resistance acting as strong support with bullish divergence on the weekly, what do you see?
Additional American depositary share registration in the U.S. was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake. Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake, The can drop to the $109 support, if not even lower. Looking forward to read your...