Get started

Alibaba

ALIBABA - Open Sesame for the Trend!Hello Trading Family, I found BABA chart interesting. We can see that BABA is currently trading inside these two brown trendlines forming a rising broadening wedge. And it is currently approaching a strong rejection/support area. I call it "War Zone" , highlighted in Orange (circle). The highlighted orange circle is a strong area to look for buy setups as it is the intersection of support in green 210.0 and the lower brown trendline acting as non-horizontal support. (trend-following setup) As per my trading style/plan: Short-term: As BABA approaches the orange circle (area), I will be looking for bullish reversal setups on lower timeframes (like a double bottom, trendline break , and so on...) Long-term: I will be waiting for a third swing high to form around the upper blue trendline (projection in purple) for it to become valid then buy on this last swing high (gray area) break upward. Always follow your trading plan regarding entry, risk management, and trade management. Good Luck All Strategies Are Good; If Managed Properly! ~Rich
NYSE:BABALong
by TheSignalyst
63
BABA Sells approaching TP 🎯Entry details are shown on the chart. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out do they. Also, see my 'related ideas' below to see more just like this. Interested in access to my strategy so you can be in these trades the moment they're valid? Drop me a DM . The stats for this pair are shown below too. Thank you. Darren
NYSE:BABAShort
by pow_removetheguesswork
2
$BABA | Double Bull Flag Breakout: Is The Correction Finished? $BABA formed a second bull flag after breaking out of a large descending channel. Watch for a bounce from the bull flag structure retest above $252. If market weakness continues then we may see a deeper correction as low as $244 (lower blue zone) where we can look for alternative entries. Initial target is $290 to fill the gap. Secondary is $302 based on structure. Invalidation below $240. Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
NYSE:BABALong
by AidanMDang
7
Alibaba appears to be recovering and I think it will continueAfter the Ant Group IPO cancellation caused Alibaba ( BABA ) price to drop for the last two months of last year, the price is apparently recovering this month to the levels where it was before Ant Group announced its plans to float on Shanghai and Hong Kong stock exchanges. Price is recovering despite the Chinese government probe into Alibaba over alleged anti-competition practices. Personally I don't think is in China's best interest to kill the goose that lays the golden eggs, so probably this year we'll see some regulation without major impact on Alibaba's business model. This is all speculation based on news and reports I've been reading for the past month.
NYSE:BABALong
by carlosrudriguez
1
ALIBABA Best time to buyPattern: Bullish Megaphone on 1D. Signal: Buy as the 1D MACD has formed a sequence that since November 2018 designated the bottom. Buy if the Jan 20 High breaks or on the 0.5 Fibonacci retracement level. Target: 310 (just below the current Resistance). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> michaelzerna --------------------------------------------------------------------------------------------------------
NYSE:BABALong
by TradingShot
2