NYSE:BABA dropped roughly -75% after it broke the long term trendline towards the downside back in 2021 before it found some strong support at a previous horizontal support level. Click chart above to see detailed analysis 👆🏻 Bulls are still not giving up on Alibaba and after the strong retest and reversal of the all time low back in 2022, Alibaba managed to...
Hello Traders and Investors, today I will take a look at Alibaba . -------- Explanation of my video analysis: After Alibaba broke below the major support trendline in 2021 we saw a massive correction of -75% towards the downside. Alibaba was then retesting another major level, this time a previous support area which is at $60. So far Alibaba stock is still...
Hello Traders and Investors, today I will take a look at Alibaba . -------- Explanation of my video analysis: Almost a decade ago Alibaba stock retested a strong support at the psychological $60 level and reversed significantly towards the upside. Just a couple of months ago Alibaba stock once again retested this support and created an anticipated reversal....
Hello Traders, welcome to today's analysis of Alibaba. -------- Explanation of my video analysis: Starting in 2016 Alibaba created a pretty obvious higher timeframe bullish reversal which was followed by a crazy bullrun on Alibaba stock. In 2021 Alibaba broke below a major bullish trendline and dropped more than -70%. If we see another bullish reversal at the...
- BABA potential Weekly / monthly inverse H&S shaping up - need to form weekly uptrends first - 4h EMA 12 short term uptrend guide.
hello friend lets see how we should plan on this stock for this week market is look like positive or what??
#alibaba weekly analysis where market bottom is how we need to plan for this week
- FIB Retracement to 0.786 (big picture). - Confluence @ key support - 2014 & 2016 highs. - Completed 5th Elliotte wave. - Bullish Inside week candle formed at support. - Daily MACD just crossed. - Weekly and Daily RSI divergence. - MOMO indicator triggered (78min).