BABA before EarningsBABA is mostly bullish with multiple successful formation exits in the past. Short-term likely to correct towards 200 suggest 7 out of 10 major indicators. The stock has too much empty space at the beginning of the current triangle (marked 'X'), which now requires a second leg. Breaking out above the triangle now would form a double-top crashing the stock later on (rather unlikely to happen). For now the most "healthy" performance is a quick drop towards said target.
Note that the stock's current 'weekly' and 'monthly' suggest a larger downward move towards 170 if 200 doesn't hold . Take a look:
WEEKLY:
MONTHLY:
ADX:
RSI:
Use 199.50 as your marker for a possible further correction (if it drops below).
This post will be updated continuously when mentionable changes can be observed.
Alibaba
BABA VS AMAZON QUICK COMPARISON ! Alibaba is very cheap 2019 SALES INCOME EBITDA EPS
BABA 60 BN 14.30 BN 5 USD
AMAZON 280 36 23
BABA PRICE IS 220. SO EPS YIELD IS 2.3 %
AMAZON IS. 2200 , 1%
AMAZON IS CLOSE TO 90 X. AND BABA 35 X EARNINGS
Potential for BABA to grow is much higher in China than Amazon and is much lighter on the huge infrastructure cost than Amazon
Warnings : NOT SAYING AMAZON IS SHIT IT IS A GREAT LONG TERM INVESTMENT BUT BABA IS BETTER UPSIDE ON THE LONG TERM
IF YOU WANT TO PLAY THE GLOBAL DOMINANCE OF ONLINE RETAIL THEN BUY THE TWO AND YOU ARE COVERED , ONLINE WILL KEEP GROWING FROM 10 TO 20 OR MORE EASILY SO BOTH ARE IN A GREAT SPOT
Alibaba Stock Pattern Suggests Uptrend is Almost OverAlibaba Group, $BABA, is a Chinese multinational company specializing in e-commerce, retail, Internet, and technology. Here is what to focus on as we're expecting the earning release on 13th February 2020.
However, Alibaba stock is climbing to a new all-time high from a breakout that makes the bulls very excited about the future. But are they right to feel optimistic? That is the question we hope to answer with the help of the Elliott Wave Principle and the chart below.
Alibaba’s weekly chart reveals the entire price structure from the 2015 bottom at $57.07. As you can see, it is a textbook five-wave impulse, labeled 1-2-3-4-5. The sub-waves of wave 3 and 5 are also visible.
The market apparently took the guideline of alternation into account, too. Wave 2 was a sharp plunge, while wave 4 moved sideways in a triangle correction. Triangles precede the final wave of the larger sequence.
If this count is correct, the current rally must be wave 5. The theory postulates that a three-wave correction in the other direction follows every impulse. For BABA stock, this means we can expect a bearish reversal once wave 5 is over around $250.
The anticipated retracement has the potential to erase the entire fifth wave. A decline back to the support area of wave 4 or even lower is very likely. $130 a share seems like a reasonable target in the next couple of years.
The risk/reward ratio doesn’t look very favorable to the bulls with the stock around $213.
Do you like this analysis? Kindly like, comment and follow.
Thank you.
Virus creates opport'ies to buy Alibaba at a time investor FEAR The Chinese government will, in time, regain control of the situation and refocus the bulk of its immense power on strengthening and modernizing the world’s second-largest economy. The economic hiccups caused by the virus should be viewed as short-term distractions that create opportunities for long-term investors to buy shares of Alibaba at a time when investors are afraid.
BUY STOCKS WHEN MARKETS CRASH AND LOOK THE RESULTS AND REAP HUGE REWARDS WHEN MARKETS RALLY !!! IT WAS TIME AND TIME AGAIN DEMONSTRATED IN HISTORY
STICK TO HIGH QUALITY NAMES WHICH ARE LEADERS AND DELIVER STRONG FUNDAMENTALS REGARDLESS OF MARKET CYCLES AND ARE IN LONG TERM SECULAR UPWARDS TREND
INTERNET SHOPPING IN CHINA IS JUST STARTED AND ALIBABA IS THE ONLY MAJOR PLAYER ALMOST A MONOPOLY FOR 1.5 BN CHINESE ! WHAT THEY CAL SELL IN ONE DAY IS UNPRECEDENTED AND MIND-BOGGLING
ALIBABA DID NOT ENJOY THE EXTRAVAGANT VALUATIONS OF THE MAJOR US TECH COMPANIES SO THIS IS A SAFE BET
STOCK will BACK TO 240 -250 AFTER HISTORIC EARNINGS BEAT !!! Just the same reasoning as Amazon we know they crushed the sales last quarter ans expanded also into cloud
This will translated to ATH gain so enjoy the cheap stock while you can and blessed the corona virus !!!!
No need to say more or demonstrate it further
Alibaba - BABA Dip The Corona Virus fears have had a impacted some stocks. We've seen INO and other biotechs sky rocket as other stocks have taken a hit. Alibaba has taken about a 13% dip in the past couple of weeks and we have been looking for a solid entry point as fears begin to wane.
Hit that like button and give us a follow as we keep updating.
Cheers!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on here, expressed or implied herein, are committed at your own risk, financial or otherwise.
Dont panic stay calm this virus will be contained like always Dont panic stay calm this virus will be contained like always in the past they have learned from the SARS that's why you see massive Quarantine
Just breathe deep and wait next week with a fresh view
wowww we are not used to it anymore lolllll
BABA, Alibaba Group Holding Ltd - Trailing StopNYSE:BABA
The technical analysis pattern is made to search for the Entry Point, always on a statistical basis taken from backtesting.
We have analyzed all markets, equities, bonds, indexes, commodities, forex, cryptocurrency using instruments such as spot, ETF, futures, options and more.
Our conclusion is to focus only on a part of them because they are really profitable with drawdowns contained in the various models of money management.
BABA is one of the most capitalized companies in the market and we were waiting for a Long signal to enter this position.
Good trading at all!
Elliott Wave View: Bullish Outlook in AlibabaElliott Wave view in Alibaba ($BABA) suggests that stock rallies as a 5 waves impulsive Elliott Wave structure from August 5, 2019 low. On the 1 hour chart below, we can see wave 3 of this impulse ended at 202.71. Stock then pullback in wave 4 on December 3, 2019 low at 189.88. Stock has resumed higher in wave 5 with the internal subdivision as another impulse in lesser degree. Up from December 3 low, wave (i) ended at 203.43 and pullback in wave (ii) ended at 197.09. Stock then extended higher in wave (iii) towards 207.85 and wave (iv) ended at 203.77.
Stock has scope to extend higher in the near term but expect wave (v) of ((i)) to end soon. It should then pullback in wave ((ii)) to correct the cycle from December 3, 2019 low before the rally resumes. We don’t like selling the proposed pullback and expect buyers to appear in the sequence of 3, 7, or 11 swing as far as pivot at 189.88 low stays intact. Potential target to the upside is 100% – 123.6% Fibonacci extension from January 3, 2019 low which comes at 213 – 229 area.
BABA (ALIBABA) is close to Historical Key Level!The price is close to Historical Key Level 211.70.
It a huge probability that it will bounce.
We can look for accurate Sell entry after the false breakout.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analyze.
Write your comments and questions here!
Thanks for your support!
Ali Baba looking for a new high.NYSE:BABA
With record sales achieved by Ali Baba last Xmas and looking for a good season this year as well,(price rallied from the begging of DEC 2018 till April 2019 (130-190))
Price was able to break the sym Triangle which is currently starting a really that is expected to take price towards 212 as an initial target (previous high) then with enough momentum can take price towards the 236 then the 255 if buyers continue to support price to the upside
Ali Baba testing trend lineGood potential for a long on the break of the downtrend line and resistance level. Buy on the break, or wait for retest for confirmation. Stop below the recent swing, or the low of the retest.
Target 200 and all-time high. This morning is quite risk-on so expectation is to the upside.
Good Luck!