$BABA Potential Bullish Reversal, (Daily TF)12/25/2024
Alright, I know there's a lot here so let me know if you have any questions and I'll do my best to answer. This is for educational purpose only.
1. Price dropped 18% ($101 -> $82.64) in 15 days.
2. Triple resistance on Tue, Nov 19 & Fri, Nov 29 & Tue, Dec 17 @ ~$87. Resistance zone between $86.70 - $87.75.
3. Bearish Fibonacci (Dec 9 - Dec 20). Anticipate sideways movement around 0.382 ($86.44), 0.5 ($87.91) and 0.618 ($89.38).
4. The light-brown boxes and light-brown line highlight the potential movement of price.
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$85.52: Current price
$85.00: Next bearish price target
Bullish Resistance Points:
$86.44 - 0.382 Bearish Fibonacci (potential daily sideways movement)
$87.00 - Resistance zone
$87.60 - Previous Weekly High
$87.91 - 0.5 Bearish Fibonacci (potential daily sideways movement)
$89.38 - 0.618 Bearish Fibonacci (potential sideways movement or reversal)
$91.44 - 0.786 Bearish Fibonacci (potential reversal)
$90.56 - $91.83: Bullish Gap to be filled
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Currently in a play: NYSE:BABA 21 MAR 25 110c @ $1.24
Currently up 5% (@ $1.31).
Profit Target: $2.24 (contract price)
Stop Loss: n/a (manually monitoring for now)
Babastock
$BABA Primed for a Retest and Bounce! 80% Upside Potential!🚀 NYSE:BABA Primed for a Retest and Bounce! 80% Upside Potential! 🚀
🔍 Key Points:
Looking for a bounce after retesting the symmetrical triangle breakout
Awaiting the H5 Indicator to flip green for a bullish signal
Crucial to hold the volume profile shelf for continued upward momentum
Target Prices:
🎯 $107
🎯 $134
MM 🎯 $157
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.
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.
Alibaba Analysis 04.01.2023Hello 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.
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Alibaba Analysis 19.12.2022Hello 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.
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You can also check out my previous analysis:
Alibaba Analysis 30.11.2022Hello 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 comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Did $BABA stock BOTTOM?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, assuming a lot of risks, having money stuck in there creating an opportunity cost for other investments.
My first lesson here was "Never try to catch a falling knife" . I've read this quote many times, but I got pushed by the FOMO back in 2021, when I should have waited for some consolidation or lateral movements of the price, to show me some kind of demand at this level before jumping in.
I'm sharing my experience in this situation with the idea to help someone with making better investment decisions. The truth is, you must always learn from your own mistakes. But learning from others' mistakes will save you time, stress and money. However, this is where experience lays, funny isn't it?
Long-Term Forecast
Alibaba is a very interesting business model, with incredible growth in the past. I think that the chart reflects an evolution from a Growth Company to a Stable Company , that's why the P/E valuation went from 30x in the past to 15x nowadays. The market included the growth slowdown to its market cap.
Of course, there are many other risks related to Alibaba that also impacted its price during the last year. Some of them are:
- Uncertainty Risk is related to the political pressure between the USA and China.
- Delisting Risk from NYSE.
- Monopoly fines from China.
Changes in Chinese state policy regarding publicly traded enterprises , the warming of relations between the US and China, as well as current geopolitical developments where China is implied have created uncertainty for investors. This results in a negative impact on the price of the stock.
There are factors that could influence the Chinese government to be tolerant and lower the pressure on publicly traded enterprises, particularly if they choose to give a higher priority to stronger GDP development .
Taking everything into account, this could be a fantastic buying opportunity if China is becoming the next world's superpower. However, from my personal point of view, I would rather have companies like Alphabet, Amazon, Apple and Microsoft in my portfolio. I see better potential returns in them.
Short-Term Forecast
The price is showing consolidation in the zone between $80-$120, the lower part of the channel reflects a strong demand, which is easily spotted by the strong bounces that it has from there. You can also try to trade it by buying near the bottom of the lateral channel and selling it at the top.
$BABA released good quarterly earnings, beating expectations in sales and EPS. We should also take into account that when your revenue stays flat in an inflationary environment, probably your income from operations is going to decrease, and that's what happened here.
Bullish Scenario
If the momentum stays and the market breaks and maintains the $4300 level we can see a significant upside in this stock. Taking it to 120-160 dollars per share. Which in my humble opinion is less likely due to the market conditions and economic challenges that we are facing. The RECESSION is here, and the INFLATION has to go straight down from these levels to prevent a crash in the financial markets.
Bearish Scenario
If the INFLATION is unstoppable at these interest rates, the market is going to be severely punished. Less consumer demand due to the recession will impact companies' margins. Profit warnings from companies will accelerate the crash. If we find ourselves in this situation, get your cash ready, many investment opportunities will be out there waiting for us. In this case, I would adapt my strategy, and I could consider buying some $BABA at $60 for sure.
Alibaba is having strong buybacks from the management. The company has plenty of cash which is going to be used to reduce the outstanding amount of shares and to undertake investment projects. The Debt-Equity Ratio is around 15%, and the company has a healthy balance sheet. The Cloud Segment is getting bigger and it can also be a very important stream of income in the future for the firm. The company is actually trading at 10X Price / Cash Flow, which historically has meant that it is a good buy at this level. From a financial perspective, I think that $BABA is undervalued.
The above mentioned characteristics made me start buying the stock at $140, my mistake was that I didn't properly analyse the risks this investment had. Not everything is in the accounting books! Keep your eyes open!
I stand SHORT for the next 6-12 months and LONG for the next 3-5 years.
Don't forget, I'm a random guy on the internet that is just sharing his point of view. Do not take my reflections as financial advice.
BABA Stock buy area for long timeThe price of Baba stock is around 86$ 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 you.
one.exness.link
BABA the Daily Journal sold 50% of its stake in itIf 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.
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.
BABA Lowest Growth on Record !!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 that Alibaba had the Lowest Growth on Record. Sales rose 9.7% in Q4, below the 40%-plus growth that was common. consumer spending slows and competition intensifies.
Net income tumbled 74% to $3.2 billion.
And probably Softbank sells an important stake in it.
I`m curious what is Charlie Munger`s conviction buy opinion on BABA now.
My price target is the Dec 2016 level of $86.
Alibaba Analysis 15.02.2022Hello 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 comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
BABA SoftBank to Sell Its Huge Stake ???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 opinion about it.
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
Alibaba Analysis 01.02.2022Hello 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 comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Alibaba Analysis 25.01.2022Hello 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 comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!