ALIBABAThis is my analysis of this stock, and I hope you will take it into account. I wish you much success.
BABAF trade ideas
BABA butterfly I think I said back in 2021 I'd buy BABA under 70. People laughed at me at the time not thinking it'd go to 70. The way the market works, people will probably laugh now when I say it because it's down under 70.
Butterly pattern. Gives tight stop area and is how a lot of lows are made.
$BABA OversoldAli Baba is being under intensive sale. Almost 2 years of downtrend has pulled the prices to demand level.
At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company.
For now expecting a pullback as a reaction to 72% decline.
The more it falls, the move powerful will be a movement to opposite direction.
BABAThe parabolic descending trend, which started from the all time high, has brought the price very close to the all time bottom. Adx may have given the first signal of a trend reversal.
BABA bullishReally hard to not love BABA at these levels, especially looking longer term. If US markets to continue their bearish path, I'm not sure that baba would decouple from that sell pressure; however, it should be noted we are at generational support and its worth picking up some stock or leap calls. I think we should see some significant upside from here in time.
BABA AnalysisPrice consolidated around the area last week. My expectations are unchanged, expecting price to mitigate the bearish POI at 70.52 before continuing lower.
$BABA 2nd entry 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
1st Entry: $90
2nd Entry: $82.5
Take profit: $180
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Where will BABA go today?China Markets Rally After Unconfirmed Social Posts on Reopening. Chinese stocks roared back from a rout and the yuan strengthened as speculation mounted that policymakers are making preparations to gradually exit stringent Covid restrictions.
The Hang Seng Tech Index jumped as much as 9.3% Tuesday, while a stock gauge tracking Chinese companies listed in Hong Kong rose more than 6%, bouncing back from its lowest close since late 2005. The CSI 300 Index of onshore shares gained more than 3%. Stocks extended gains in the afternoon as an unverified social media post circulated online that a committee was being formed to assess scenarios on how to exit Covid Zero. The advance comes after a heavy bout of selling following the Communist Party congress, where President Xi Jinping’s power grab led to expectations that Covid Zero and other market-unfriendly policies will likely persist. “I think the market’s reaction shows how much anticipation there has been for the reopening in the market,” said Hao Hong, partner at Grow Investment Group.
Tuesday’s stock market gains were led by reopening names, including travel companies. To be sure, markets have rallied on such speculation in the past as well, only to be left disappointed as China continued to pursue Covid Zero. The nation has been doubling down on its zero tolerance approach on Covid following the Party congress, locking visitors to Shanghai Disneyland and spurring an exit by workers at Foxconn Technology Group’s plant after hastily-imposed restrictions. Still, the extent of market reaction based on the speculation underscores how strongly investors have been yearning for a pivot from Covid Zero.
I would like to say, today it is very likely that "BABA" will open up high, and make a shooting star Doji on daily chart. What I had draw on my chart are the best scenario for BABA, so far BABA goes even worse than what I draw on my chart. Today's pre-market high can not make changes about this company's fundamentals or what they will facing in the future. Therefore, I am still insist about What I said before.
BABA's downtrend moving is not END! We will see.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
Alibaba good price with Geopolitics consideration30th Oct 2022
Risky trade but worth a try with good Risk Management.
Chinese ADR shares will be sensitive to Geopolitics problem. However, if there is any chances or positive side from Chinese Government, these shares are ready to fly (bullish).
Current price for dollar averaging if you believed Alibaba is a long term play.
Do note that, there are more room for both HSI and China A50 to drop. So this call will be risky.
Support $55
Resistance: $100/$100 first
Everything you should know about Alibaba-TFtalks BABA still holding its majority 58ish level, which as what I draw, it is more like a weekly or even monthly majority support for BABA. Shares of Chinese tech giants Alibaba and Tencent closed down more than 11%; search company Baidu was 12% lower while food delivery firm Meituan tanked more than 14%. However, is BABA or most China tech giants worth buying at this moment?
The main reason cause massive sold for most Chinese tech giants yesterday was President Xi has safely secured his "precedent-breaking" third term as the Chinese Communist Party's ruling leader, alongside a newly appointed Politburo Standing Committee composed of his most-trusted associates. Investors fear continuing strict policy that could hamper growth of tech giants and very few people who can challenge Xi’s policies, even those that are negative for growth.
While the regulatory and geopolitical risks surrounding Chinese equities have now become more acknowledged amongst the investing community today compared to a year ago, the top bullish narratives over the Alibaba stock have largely remained unchanged.
Alibaba’s fundamental performance has deteriorated significantly, the company’s fundamental cracks first shone through its weak December-quarter results last year, when Taobao’s blockbuster annual “Singles Day” shopping event in November grew at the slowest pace on record. Things got worse during the June-quarter when Shanghai was subject to a monthslong lockdown to stem the spread of Covid. Yet, Alibaba remains the unmatched market leader in e-commerce and cloud-computing in China – so from the grander scale of things, its fundamentals are still strong, with the business remaining viable and profitable. However, China's overall economy condition doesn't keep growth like what they post, and preliminary data showed consumer spending had weakened during the weeklong National Day holiday earlier this month.
President Xi’s aspirations to strengthen China’s fight against the U.S. means more geopolitical turmoil to come. This is further corroborated by the recent curbs imposed by the U.S. government on exports of advanced semiconductor technologies to China, which will limit Alibaba’s aspirations of growing its global cloud-computing market share. Alibaba’s valuation is cheap abviously, with its multiples plunging toward record lows and diverging further away from American equivalents like Amazon ( AMZN ) by wide margins. Yet, there also isn’t anything compelling to convince investors – namely, market-influencing institutional investors with stringent risk mandates – that the stock’s significant discount relative to peers can compensate for the myriad of risks hanging over its prospects.
From the Tech or chart analysis side of view, BABA already reached 58ish historical support level , its normal that we see tech buyers get in at this price and trying to trade for rebounce or reversal. But be aware that "downtrend" is not end here! The "GAP" has already been filled, and BABA is making a intraday pattern, which means market is trying to choose direction about BABA. HSI had another hugh sale of the day, it will not end right here. Tech buyers for price correction will gone. Therefore, most likely BABA will retest 58ish level and see wether fundamentals are strong enough to pull this back.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
BABA daily bullish hammer at the bottom daily and weekly MRCOrder BUY BABA NYSE Stop 65.06 LMT 65.06 will be automatically canceled at 20230401 01:00:00 EST
BABA daily bullish hammer at the bottom daily and weekly MRC exhaustion volume wave 5 wave C downrtend correction. That's might be it for BABA we can go up.
BABA - Suffering may be over soonBack in March, I posted that BABA looked really bearish, with a first target of $170 (see related idea). Well, things got even uglier and we´ve fallen almost 80% from ATH.
What´s next? I believe we may to close to the end of the drop, considering that we already have a 200% ABC zigzag extension, with 5 black waves completed for gray wave C. We also have bullish RSI divergence on the weekly.
But I don´t trade wave counts, I trade price action (supported by wave counts), I´m still waiting to see a solid bullish movement before making any decisions. I´ll at least wait for the descending trendline to break.
😱YOU DONT BELIVE!💩BABA-GET SOMETING😱Hello everyone,🙋🏾
Here Rom with a personal opinion,
It seems that everyone is "pomo" about Baba's stock.
so I told to you STOP IT !❌ 🛑 ⛔️
Trading in the stock was done without sense, influenced by the Chinese government.
and is not affected by technical analysis.
Every purchase and sale made in a stock is a bet no matter what you call it.
The pattern obtained in the monthly graph is a dog poop pattern...💩
Forgive me for being childish, but it really hurts me that people lose money here and no one talks about it.☹️🙁
And even if everything goes back to being good, the stock dropped 80 percent!! 🤢
Wait for a significant trend change, then you will miss a 10-20 percent increase.
But keep your hard-earned money.
⚠️__🚧___🚧___🚧__🚧___🚧__🚧_🚧__🚧__🚧__🚧__🚧_🚧__🚧__🚧_🚧__🚧_⚠️
There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun💃🏿
$BABA Sometimes the market gets it wrongYesterday was a typical knee jerk reaction to weekend news. Alibaba sold off to test $58 (-20%) early in the session, just to recover a bit and close at $63,15
I think the market got the fire sale on Chinese listed tech companies wrong
I'm expecting a short term bounce to close some gaps that was the result of this sale
Buy price $58,83
Target price is $69,50
Stop loss just below yesterday's LOD $58
BABA LONG HOLD IDEALARGE 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!
BABA AnalysisPrice falls short of filling the fair value gap at 79.79 before going lower. Price has taken the liquidity at 59.25 after a bearish market outlook in China, from here, the long-term trend should be downwards until we see signs of recovery. I'm expecting price to make a bullish retracement into the bearish POI at 70.52 before continuing lower.
$BABA (Alibaba Group Holdings): Price Action & Technical Analysi"What, I asked myself, was the value of examining company reports, studying the industry outlook, the ratings, the price earnings ratio? The stock that saved me from disaster was one about which I knew nothing. I picked it for one reason only - it seemed to be rising."
Nicholas Darvas
To be fair, on his road to make 2 million dollars from trading stocks, Darvas ended up adopting a techno-fundamentalist approach.
However, firstly his fundamental approach was significantly less intricate than you might think ... he was not filtering his tradable stocks based on price to earnings, price to book or other classical fundamental metrics. Instead, he just tried to ascertain whether that company had an exciting, game-changing product that could spark the imagination of the masses or alike qualitative judgements.
Secondly, at the very least, Darvas was well aware that the core of his strategy was intimately reliant on volume and price analysis with his famous box theory.
Enron's accounting dept hand in hand with top notch auditing companies can deceive you. Accounting standards enable creative accountants to portray blurry pictures ... the price, on the other hand, cannot lie.
Even if there is a manipulation campaign behind the price's action, eventually, the price must trend from A to B, otherwise the manipulator does not get paid.
If the insiders are buying ... and trust me, they will know a lot more than you about that company, the price will have to show. When they buy, they leave a footprint. Learn how to track it!
Link in bio for 10 chart analysis with bullish and bearish scenarios.
BABA weekly bearish hammer at local highBABA weekly bearish hammer at local high closing below MA 100. Stop loss above local pivot.
BABA daily indecision continuation wave 5 downtrendOrder 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
BABA MOMENTUM POSITIVEWeekly Chart - BABA
I am taking an interest in BABA here. It has been in a steep correction for well over a year and appears to have made a bullish wedge. What really has my attention is not only the price breakout above but also the momentum break. I may leave myself a little room and time here but I personally may take a heavier interest if it stays this cheap or drags sideways.
These patterns are great for trading the spikes but there are no guarantees. It's not uncommon to see a large spike up (15-30%) only to correct and go nowhere for weeks or months. A breakout does not guarantee profit.. but for me the reward outweighs the risk in this zone.
Let's see what happens.
Ali Baba Makes Aladdin SaneTerrible day on the China markets. Ali Baba almost down to an all time low. 100% retracement incoming.
BABA 6/19/2022BABA Daily Chart Analysis
This one is not looking good for buyers.
End of October 2020 saw BABA reach all-time high around 319. This was the last time price saw this high.
By Mid November 2020, price dropped and fell below the 50ema. This was very important because the 50ema was acting as Dynamic Support throughout the entire previous uptrend. This signaled weakness and possible end of uptrend for BABA.
By January 2020, price had fallen to 221. That was more than a 40% drop from the all-time highs back in October 2020.
At 221, price found Support and bounced. The bounce up failed to make a higher high and price found Resistance at 269.
At this 269-resistance level, price was shot back down to support level at 221. Price now finds itself in a sideways range between 221-269 and this marks the end of the Uptrend for BABA.
At this time, we also saw a Death cross, 50 ema crossing below the 200 ema. This further signaled the bearish conditions for BABA.
In May 2021, price broke down from this sideways range. The range has now been deemed a Distribution stage. BABA is heading towards a downtrend.
Breaking down from support level at 221, BABA entered a Downtrend on July 2020.
So far, the downtrend has taken the price from 221 all the way down to 79.80. That’s almost a 65% drop.
The current downtrend has ben using the 50ema as Dynamic Resistance and so far it has given us 4 entries to enter trade short.
Every time the price has pulled back to the Dynamic resistance and the Stochastic has gave us an Over-bought signal, that’s been our signal to enter trade short.
When in a downtrend, if price pulls back to Dynamic Resistance, and we have Stochastic Over-bought signal…..we enter trade short.
Downtrend + Pullback to resistance + Over-bought Stochastic = Short entry
Price currently finds itself at dynamic resistance from a pullback and the Stochastic is overbought. This is entry #5 to enter trade short.
Will be entering trade short.
Entry: 102.24
Stop loss: 128
Target: 59.10, +41.92%, 1.63 RR ratio
