Get started
Alibaba Group Holding LimitedAlibaba Group Holding LimitedAlibaba Group Holding Limited

Alibaba Group Holding Limited

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

BABAF trade ideas

$BABA Bearish to Bottom PatternNYSE:BABA Bearish to Bottom Pattern with inverse head & shoulders pattern ready to break. The inverse head and shoulders is a bullish reversal pattern commonly observed in technical analysis of financial markets. It consists of three distinct troughs - a lower trough (the head) flanked by two higher troughs (the shoulders) on either side. This pattern suggests a potential shift from a downtrend to an uptrend. The inverse head and shoulders pattern signifies a transition in investor sentiment, with the middle trough representing a point of extreme bearishness and the surrounding higher troughs indicating diminishing selling pressure. When the price breaks above the neckline (a level formed by connecting the highs between the shoulders), it confirms the pattern and suggests a potential upward move. This breakout is often accompanied by increased trading volume, reinforcing the likelihood of a trend reversal. Traders and analysts consider the inverse head and shoulders as a reliable indication of a market bottom and a potential opportunity to enter long positions. It is important, however, to consider other factors and indicators alongside the pattern to make informed trading decisions.
NYSE:BABALong
by AlgoTradeAlert
Waiting for Alibaba to RetraceAlibaba has been displaying strong bullish momentum in recent weeks, and it is now approaching a key resistance level. As experienced traders know, price levels with significant order concentrations often act as turning points or areas of increased buying interest. In this case, the $90 level has caught our attention due to the substantial buying volumes that were witnessed in the past. To manage risk effectively, we recommend setting a floating stop-loss just above the $90 mark. By doing so, we can protect our positions in case the price fails to hold above this level and experiences a deeper pullback. A floating stop-loss allows for flexibility, as it can be adjusted as the price moves in our favor.
NYSE:BABALong
by gudzon8884
Alibaba Group Holding Limited (‘BABA’) Shares in Alibaba Group Holding Limited (symbol ‘BABA’) incurred losses in the second quarter of around 7%. The company’s earnings report for the fiscal quarter ending June 2023 is set to be released on Thursday 10th of August, before market open. The consensus EPS is $1.50 compared to the same quarter of last year at $1.40. ‘As of 31/03/2023 the company is reporting a current ratio of more than 180% showing its ability to repay short term liabilities with the current assets in hand while the total assets outweigh the total liabilities at a ratio of more than 2:1 proving the financial strength of the company at least in the short term.’ said Antreas Themistokleous, an analyst at Exness On the technical side the price is on the move to recoup the recent losses but faced sufficient resistance on the upper band of the Bollinger bands and is currently correcting to the downside. The 50 day moving average was about to cross the 100 day moving average confirming the bullish trend but the recent correction in the market has not allowed that just yet while at the same it pushed the Stochastic oscillator back to “neutral” levels. If the price manages to make a valid break below the 38.2% of the Fibonacci level around $94 then the next area of strong technical support could possibly be found around the $88 price area which consists of the 50&100 moving averages as well as the 23.6% of the weekly Fibonacci retracement level.
NYSE:BABA
by Exness_Official
(BABA) 1H - Bear harmonic patterns + Negative DivergenceOn July 21, price made a successful test and re-test of the Schiff Median Line(black) and rallied to new highs. It has now printed four distinct bearish harmonic patterns. Note the overlapping PRZ's and the price rejection @ 102.43(HOP level of the .618AB=CD). I have plotted the NHR levels(purple dotted) and targets for the Crab patterns(green). I've also plotted a 0-4 Action/Reaction line set(lavender dashed). Note how the action line originating from the July top pivot has a series of six interactions with price(July 19-31). RSI is clearly showing Negative Divergence. Price action since July 28 has the appearance of a discordant 3 Drives Top pattern. The recent reaction has printed an Entry Confirmation Line(blue horizontal). The grey lines above the patterns are Harmonic Optimal Price lines associated with the patterns. Entries based off of this analysis should be made above 101.08. The ideal entry was at the interaction with the 0-4 A/R set when it occurred above the PRZ's. I would not be surprised to see a gap down tomorrow, but I am wishfully stalking for a re-test of the ECL entry.
NYSE:BABAShort
by moleman340
BABA BULLISH SCENARIOAlibaba has decided not to join the share buyback of its fintech arm, Ant Group. Ant Group remains an important partner, and Alibaba wants to maintain its shareholding. The buyback was initiated following Beijing's crackdown on web giants, with Ant Group receiving a substantial fine. Alibaba's stock value in Ant Group remains lower than in 2020 when an IPO was canceled. Speculation arises about a potential IPO retry, but significant changes have occurred since then, including Alibaba's split into six companies and a reshuffling of its executive leadership. Earnings anticipations set BABA in a good direction. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
NYSE:BABALong
by legacyFXofficial
BABA - Yet Another Great Market DishThe markets are dishing up great buys for those with eyes to see. Have been watching this one a long time and the bear market was a classic Elliott Wave 1:1.618:1 which revealed the impulsive SC Selling Climax low. The first clue that the accumulation was entering the end phase was moving out of the Pitchfork that has held price for so long. We have made out first entries upon the first weekly candle close outside of the Pitchfork outer warning line. Now this is breaking out, this will likely go on to engulf the previous high as it moves through a lucrative bull market. Could yet see a pull back as it is still well within the larger AR Automatic Rally accumulative range and if it does we'll be looking to buy the dip at a significant landmark. Not advice.
NYSE:BABALong
by dRends35
3
$BABA Inverse Head & ShoulderNYSE:BABA Inverse Head & Shoulder. The inverse head and shoulders pattern is a bullish reversal pattern that is often seen in stocks that have been in a downtrend. The pattern is characterized by three troughs, with the middle trough being lower than the other two. The neckline is the horizontal line that connects the bottoms of the two outer troughs. If the price of BABA breaks above the neckline, it would be a signal that the downtrend is over and that the stock is likely to move higher. The target price for the breakout would be the distance between the neckline and the head of the pattern. Of course, no pattern is guaranteed, and there is always the possibility that BABA could break down below the neckline instead. However, the inverse head and shoulders pattern is a bullish signal that is worth watching for.
NYSE:BABALong
by AlgoTradeAlert
Here's Why $BABA Could Skyrocket Even Higher!Analysis: Looking at the dataset, it's evident that both the Macro PVVM and Micro PVVM scores for Alibaba ( NYSE:BABA ) show an overall increasing trend over the examined period. The Macro PVVM went from a score of around 0.58 to approximately 54.24, demonstrating a significant uptrend. The Micro PVVM also moved from -53.71 to 40.23, showing a reversal from a bearish to a bullish momentum in the short term. The close price of NYSE:BABA has been generally increasing along with the PVVM scores, indicating that the bullish momentum has been affecting the stock's price positively. Key Takeaways: There's an established bullish momentum, indicated by the upward trend in both the Macro and Micro PVVM. The Micro PVVM has crossed from negative to positive, suggesting that the bearish short-term movement seen at the beginning of the period has turned into a bullish one. The most recent close price of $98.33 is the highest over this period, further confirming the bullish sentiment. Trading Strategy: Given the bullish trend and movement, it would be a good strategy to maintain a long position on Alibaba. However, traders should keep an eye on the PVVM scores. If there's a sudden drop, especially in the Micro PVVM, it could indicate a reversal in the short-term movement. Since both Macro and Micro PVVM are in positive territory and increasing, traders should look for opportunities to enter long positions on pullbacks, as the overall trend is upwards. Keep in mind the rule that the best long entries are when both PVVMs are low and start showing signs of strengthening.
NYSE:BABALong
by SwingSwiss