Alibaba
Alibaba (Falling Wedge)I bought a week ago at $212. I plan on picking up more shares if it hits $200. My price target is $300.
Alibaba- An Elliott Wave approach. Feedbacks are appreciated.For now, the price has bounced off from the golden level of wave 1 of current degree. But this might be wave 1 of one larger degree which has just finished. So need to observe what the price action does in the coming future. If the price breaks the level of b, then we can add on the position in our previously entered position at the successful breakout of the wave 4 of micro degree. You can put a tight stop loss below the current low and re-enter or just ignore as per the future price actions or wait till the wave count completely gets invalidated to get stopped out as per your risk appetite. Normally entries are done in the retracement after successful breakout of the last high. there is also positive RSI divergence across the latest lows.
Please correct me. I would be more than happy to learn from you.
Happy trading.
#BABA fighting hard to hold onto weekly support.Alibaba has bounced off its 200 week ma. Fighting hard to hold onto its uptrend & Horizontal weekly support between $209 and $212
BABA the Asian King is coming backNYSE:BABA
Bet on the good stock with low risk!
The we need is
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30 - 50% return in recent years!
For what it’s worth, it’s never too late.
Hey! how many times you shop and search for some deal in the Lazada app? within the Covid-19 struggled you at home.
In Europe and America may not many... but if you are an Asian guy I believe that you open this app bold right now.
Well, Ecommerce is not a new thing but cloud services are hiding from the majority perspective. It's growing up and profitability for the next BABA.
OK don't talk so much.
Buy it or not, you decide.
$BABA buying the dip*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*
Recap: My team has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $21.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed our 3rd buy order on $BABA at $210 per share.
We're long.
FIRST ENTRY: $207
2ND ENTRY: $220
3RD ENTRY: $210
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Accumulation Breakout for Alibaba GroupAnalysis Forecast:
Price Trend Turned Bullish
Analysis is for:
US Market
Short-Term Trading
Tactical Single Stock Allocation
Supporting Technical Observations:
1. Breakout of Downtrend (Supply) Line
2. Breakout of consolidation Base
3. Fund Flow Index (FFI), turned positive
1st Technical Target
US$250.00
Why this Level?
1. Key Supported turned Resistance Level
2. 261.8% Fibo Level
3. Whole Number
Incorrect Analysis if Level Breached:
US$204
#Alibaba wedge breakout attemptHey listen up my friends, #Alibaba #baba is attempting to breakout. My first take profit is 245 my second is 275 as there are strong peaks there, after that we likely test all time highs, this play is a week or two long play, options are cheap, scoop them up. Obligatory this is not financial advice yada yada.
BABA is a BUY nowI think this stock is of fantastic value, both from a fundamental and a technical stand point.
Alibaba Breakout + SeasonalityBABA broke out two days ago, with above average intraday volume.
OBV is confirming slight positive trend.
Taking a look at seasonality:
We are entering July, which has been THE best performing month in the past 8 years.
BABA has closed higher than it opened 83% of the time in July, since 2014.
Approximate Potential Target ---> $275
$BABA Still waiting!BABA ended the week strong with heavy call volume near Friday's close. Since last time I charted BABA, it dipped into my buy zone near the fib level and bounced fast. Notice how it bounced off the Oct VWAP from last year. Also notice how the weekly high is the 21 EMA, which is telling of this swing. Without an active sequence, it will be hard to tell as of right now if this is the bottom. It wouldn't surprise me if BABA went even lower to test last year's price range between 165-190, and I would be wary of going long here still. I will continue to watch BABA, hoping that it can show strong indication that a bounce is in on a strong Fib level and bouncing off the lower VWAP. So far the monthly low continues to be 204, right at the Fib level. Below 204, we can consider it a short term correction looking for lower prices.
BABA, Forming This Massive Descending-Triangle, Likely Breakout!Hello Traders Investors And Community,
Welcome to this analysis about Alibaba in which I will look at the 12-hour timeframe perspectives. Since the Alibaba founder, Jack Ma moved into isolation because of a government critical speech the stock developed an exceptional downtrend with bearish alignments mainly reaching the 205 level. Now as there came news the founder still active and operating on the company this can also lead to potential positive developments on the fundamental sight of things matching with the technical factors I detected recently, therefore I am looking at all the important levels and likely destinies we should consider with the stock in the current structure and upcoming movements.
Structural Developments:
As when looking at my chart now we can watch there how Alibaba has formed this massive descending-triangle-formation with the coherent wave-count within and the waves A to C already completed. Such a triangle-formation is known to produce a substantial bullish reversal with further continuations and an increase in volatility to the upside. Recently Alibaba already formed this initial spike of bullishness to the upside within the triangle testing the upper boundary of the triangle-formation and also the 100- as well as the 65-EMA lying there, above these EMAs Alibaba will form a sustainable bullishness as the previous resistance gets support.
Upcoming Perspectives:
As Alibaba already formed all these strong initial terms in the structure it is likely that the triangle completes with a bullish breakout in the next times which will finally happen with the close above the upper boundary. It is seldom seen that such a structural triangle invalidates to the downside nevertheless it is important to keep patient till the triangle finally completes. Mainly the upcoming breakout can be traded either aggressively with immediate entry or conservative with an entry after confirmation, although the aggressive entry is also possible the conservative one will be much smarter. It will be an interesting development ahead.
In this manner, thank you for watching my analysis about Alibaba and the current descending-triangle-formation forming that has the potential for a bullish breakout, will be great when you support it with a like and follow or comment, great contentment for everybody supporting, all the best!
Information is only educational and should not be used to take action in the market.
BABA Breakout?Baba has been rejected from the resistance over 5 times and this time its broken out with higher volume, rsi reaching over 90 on the 1 hour chart and it closed above. Everything here looking like a tech run in July. I suspect it to retest the 224 support and if we see a big drop it still has between 220-215 support now. Looking very bullish imo
BABA - BUY 223.13 - Target 245 level by 4 AUGABA has broke the trend and will move in upward direction. Based on Elliot wave count analysis
1st Buying level - 223.13 - if it cross this level, then will touch 232.51
2nd Buying level - above 236.59 to 239 - if it cross 239 then will touch 245 ( Target July 27 to 5 Aug )
Note : There will be a minor pullback once it touches 232.
$BABA broke a half year downtrend. Currently only go up.NYSE:BABA
$BABA broke a half-year downtrend. Currently, only go up.
$BABA got hit hard soon recovery time?Alibaba got hit hard this year, but now seems to show some signs of a possible HTF reversal.
Currently breaking out of a beartrendline that has been rejecting price for over 6 months now.
RSI creeping past 50 and i'm feeling kinda bullish for $BABA.
sleeping giant $BABA is about to wake *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*
Recap: My team has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $214.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed a buy order on $BABA at $220. We believe that if $BABA reaches $220 it will continue to push forward and have a short-term rally up to around $238 which was our original target. If price reaches $238 we will trim and wait for another opportunity to average up before $BABA pushes to our first take profit at $265.
If you fail to plan...you plan to fail.
We're long.
FIRST ENTRY: $207
BUY ORDER: $220
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Best Deep-Value Large-cap Growth play - Alibaba (BABA)Macro Reasons
-China has a population of 1.3billion VS US's 0.33 Billion, about 4x more
-Rising Chinese middle class with a growing disposable income
-It is estimated that China's GDP is set to overtake the US in 5-8 years
Fundamentals Reasons
-With 56% of the e-commerce market share in China and a growing e-commerce pie, Alibaba is poised for greater growth in 5-10years
-Supported by Cainiao logistics to enable efficient e-commerce delivery and Alipay to complete its transactions/funding for their merchants, it forms Alibaba's iron triangle to capture a large market share in the e-commerce related space.
-Dominant Cloud player at 40% market share, this segment just turned profitable recently and will contribute to its growth strongly like Amazon's AWS (30% margins)
Valuation
FCF: 26Bil USD per year i.e 9.6 USD per share (2.711 Billion shares outstanding)
20X multiple(Bottom valuation) : 192 USD per share
25X multiple(Bottom valuation) : 240 USD per share
Net Cash of 20 USD per share (462bil RMB Cash - 115bil RMB Debt = 347 RMB Net Cash = 54bil USD net Cash )
Fair Value at current conditions = 212 USD per share (20X FCF) - 260 USD per share (25X FCF)
FCF 10 years later: 9.6 USD *4.04 (15% CAGR for 10 yrs) = 38.78 USD per share
20X multiple (10% discount rate - 5% perp growth): 775 USD per share +20USD net cash =795 USD per share
795/215 (Current share price 14th June 2021) = 3.70X in 10 years* i.e 14% CAGR
*Very conservative estimate of 15% CAGR FCF & terminal multiple of 20X, also assuming all FCF are re-invested in other biz and not distributed via dividends/ buybacks
Technicals
Seems like it is at its bottom after a 30% slump in its share price, touching a very strong upward sloping support line indicating the bottom is near. Incidentally, it corresponds with the bottom valuation of 212 USD per share (20X FCF + net cash).
Addressing Risks
Risks of VIE structure & CCP risk are unfounded, one can easily exchange its ADR for the equivalent HK shares at the ratio of 1ADR:8 HK shares and Alibaba is too big to fail for the CCP. The recent USD2.8 Billion fine on BABA is only 4% of revenue and not as dramatic as the 30% slump in BABA's recent valuation (from $310 to $211 per share). Also, the CCP has recently approved Ant Group’s new license to operate Chongqing Ant Consumer Finance, in which it has a 50 per cent stake. This indicates that the CCP doesn't want to tear down Alibaba but rather work towards a more successful China together.
BABA on a key area. Bullish breakout or bearish continuation?Today we will share a daily view of the $BABA chart.
Main aspects we can see here:
-The price is facing an ascending trendline.
-The previous level converges with a support/resistance zone working since 2018.
-The current bearish trend can be defined as a descending Wedge pattern (if the price keeps moving between the structure lines, of course.)
If I'm interested in bullish movements only. What can you wait for before trading?
-A clear scenario for a bullish continuation movement would be a breakout of the structure followed by a corrective movement (like the circle you can see on the chart. Of course, take it as a model to replicate). IF that happens, we will be setting pending orders above the structure (green horizontal line), and we aim for a target on the next resistance zone 268 - 274
-Risk and time.
-We will be risking 1% of our capital on this setup. Meaning that if the price executes our order and then goes straight to our stop loss, we will be losing 1% of our capital at that level. Then, if we aim to a risk-reward ratio of 2, we will be making 2% of our capital in the best scenario. If the order is executed, we expect a resolution between 15 to 30 days.
Thanks for reading! Feel free to share your view in the comment box.
