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Alibabalong

Maintain Long Position for AlibabaLast week, there was a slight pullback, but overall the rebound from the lower gan fan still will increase the momentum of this NYSE:BABA Next week's trading range will be around 251.28 - 266.28. So, if your current position is below this range, you can use this range to close the position and/or average up/reentry on the bottom range. The next strong resistance will be around 285, but the first challenge will be around 275. Cut loss position will be the nearest Support around 245. I will maintain my current ideas for the Long position with these conditions. Have fun and safe trade. Disclaimer: This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
NYSE:BABALong
by bakkarianz
5
Alibaba -how to play this trade with a sea of bad news ?So Alibaba has seen its share of problems in the last months, from intervention from the Chinese government to fear of being delisted in the US from trumps administration in his battle with Chinese stocks to the missing Jack Ma that we still don’t know where he disappeared to ...? a lot of conspiracy theories in that story.. Well with all this mess I choose to look at the technicals and see what they say. First, we see stock bottomed down to 211$ on Dec 23rd and gave us a new lower low that we can base on. The rise of Alibaba started yesterday on the news that the US will not delist the stock but let's not forget that is NOT what made the stock tumble down but the cancelation of the Chinese government on the IPO of Ant Group and the intent to nationalize both Ant group and Alibaba and of course the missing former English teacher and China’s poster boy for success -Jack Ma. A lot of bad news and I am here to bet the opposite in the short term (only short term) , from what the chart tells us along with the current sentiment on the stock is that there is a new rise of optimism in the air and the stock will regain some of its loses in the upcoming days to weeks. The first target for this prediction to come true is a price target of 251$ which will indicate a correction to the 0.618 line, and the fill on the gap of 9$ (241 to 250). If that target is achieved the stock will get more attention and the volume (buzz sentiment) will go up and take the stock to 269$. At the 269$ I can see we will have a correction downwards back to the 250-255$ line. We must remember when trading sentiment and fundamental news it's all about what the volume is displaying us as it is a clear mirror to the investor’s behavior. If we see Alibaba retreating back down to below the 225$ line, then my analysis is disproven and should be ignored! By the way, on this chart, I used a public analysis tool called the “Bottom down tool”, a great way of seeing if the asset is bottomed down if crosses the 20 line. This is a high-risk trade and I argue you to do your own DD and keep an eye on the 225$ line to avoid entering too early Trade safe and a happy 2021 from FDGT!
NYSE:BABALong
by FDGT_academy
2
Stock to Watch for 2021. AlibabaStock to Watch for 2021. #Alibaba #BABA $BABA The best time to buy Tesla stocks was when the SEC announced they were suing Tesla CEO Elon Musk on Thursday, Sept. 27, 2018. Looking at the chart, Tesla was at $52.95... right now $661.77. Alibaba shares are down 33% since China targets Alibaba with the anti-monopoly investigation. Could we see a similar stock performance for Alibaba? What's the price of $BABA in 2 years' time? For me, it is 100% buy for long term investors. However, if we buy now it would consider catching a falling knife and I do expect more downside to come or at least 1 more big sell-off toward the moving average line. Also, by looking at previous chart patterns we need to see a W bottom to form in order to confirm momentum reversal and that Alibaba is heading back up. Therefore, here is what I would like to see from Alibaba at the start of 2021. What stocks are you watching?
NYSE:BABA
by johninvest17
2
$BABA #BABA Opportunity or Trap? $BABA #BABA This one I got stuck in the trade, but I am not worry too much about it, over the longer term it will go higher, technical wise, we dropped and hit the support levels. If you take a look at the charts, it hit the weekly 100MA and bounce off it. Also a previous resistance area that now is support. If you have a longer term outlook, this could be a buying opportunity. If you remember AMZN, FB, GOOG all had these anti trust problems then moved much higher later on. Though there is a risk being this is a Chinese stock and not know what the government can do. I took half my holds off before this drop for a small lost and I kept half my leaps around with some short calls to pay down the cost. I'll just keep selling calls to pay down the leaps and possibly sell some put credit spreads to speed up the process. I wait till it find a bottom and will add to it. BABA is still one of the largest business in the world and still have huge growth ahead of it. It's moat is very wide, they got their hands on every business in China. They have monthly active users of 846 million people! Compare to Amazon 200 million. So longer term they are still a great company to buy. Your risk is mostly political and geographical because it's base in China.
NYSE:BABALong
by LiCapitalTrading
BABA - BUY opportunity including Stop Loss and Take ProfitAnalysis of BABA (Alibaba Group). Current price is an opportunity to buy BABA. Alibaba group lays on a strong support level, and just might bounce back up. Even if my RSI Tunnels indicator is bearish, but it's in the deeps and there might be an opportunity here for a long. Stop Loss = 255 Take Profit = 300 Buy around current prices, 265-266 We can loss around 10$ (255 stop loss) per share but we can win 35$ (300 take profit) per share definitely positive risk reward ratio. Sounds like a good deal to me. Of course, if BABA breaks the 300 price barrier , you might want to consider holding it a bit more as it can reach it's 320 range. Soon i might publish more interesting ideas, Follow to get notified.
NYSE:BABALong
by dman103
2