Alibaba - This was just the obvious bottom!Alibaba - NYSE:BABA - will head much higher:
(click chart above to see the in depth analysis👆🏻)
Ever since Alibaba actually retested the previous all time low in 2022, we have been able to see the textbook creation of a rounding bottom formation. Even the recent break and retest was perfectly
Key facts today
Meitu partnered with Alibaba.com, investing $250 million in convertible bonds. The deal focuses on e-commerce and AI, with Meitu committing to buy 560 million yuan in Alibaba cloud services.
Alibaba's Taobao is expanding globally by offering English services and free shipping to Australia for orders over 249 yuan ($34.25) during the upcoming '618' shopping festival.
Alibaba Group found some products may contain 3TG minerals from covered countries but found no proof that these products support armed groups in those areas.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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7.08 EUR
16.58 B EUR
127.59 B EUR
2.39 B
About Alibaba Group Holdings Ltd.
Sector
Industry
CEO
Yong Ming Eddie Wu
Website
Headquarters
Hangzhou
Founded
1999
FIGI
BBG0073XM003
Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.
BABA - when to buy?hi Traders
Today we are analyzing Alibaba Group Holdings Ltd. (NYSE:BABA) on a 4hour chart basis.
Alibaba stock is currently trading at $124
We expect that the price will get rejected at the downsloping resistance and in some time it will come back down to retest the support level around $100.
F
BABA oversoldA very big opportunity in the charts. RSI at 25 in the daily, and MACD touching the broadening wedge in the weekly.
Bright future in the stock's price for the next year despite the exponential growth curve has been broken.
Buy order at (50%) 1.414 ($199.37) and other one (50%) at 1.618 ($188.57).
9988 dropped more than 4% .....In the 1H chart, we can see the price action has broken down from the bullish trend line and there are several gaps that it can possibly fill up. The first one at 117.8 is completed. So, if you want to go LONG/accumulate, go in in tranches instead of one lump sum. Yes, you may lose a bit in brokerag
BABA upBABA has followed technical movements very well over time
On the way up:
- it made several nice cups with good follow through to the upside
On the way down:
- it followed my channel height estimate (I learned this mostly from crypto charts)
- nice channel down
Consolidation:
- excellent basing p
$BABA NYSE:BABA is more than just a stock it’s a global supply chain beast.
I see its real value above $110, and as long as buyers hold that line, more investors will jump in with confidence.
Consumers are squeezed student loans, late car payments but they’re evolving.
AI skills. Side hustles. Smarter
BABA short position - rising wedgehi traders,
Let's have a look at BABA on a 1h time frame.
After reaching approx.140$ levels, BABA experienced a significant correction and visited the 96$ level, which could very well be a bottom here.
After reaching 96$, the price has been forming a rising wedge pattern.
When the majority switche
Alibaba (BABA) is going down ?Market
Broader China Tech – CQQQ – Tracks a wide range of Chinese technology companies.
Large-cap China exposure – FXI – Focuses on major Chinese companies, including Alibaba.
Stock: Alibaba (BABA)
The stock has recently fallen below its 50-day moving average, indicating short-term weakn
Alibaba - This Chart Speaks In Money!Alibaba ( NYSE:BABA ) prepares for a significant pump:
Click chart above to see the detailed analysis👆🏻
Basically since Alibaba was listed on the NYSE, it always perfectly respected market structure. With the recent rejection away from the key neckline, Alibaba is now creating a bullish break
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