Alibaba's Slide Continues! Three Targets Hit, Awaiting Final TP4Technical Analysis: Alibaba – 15-Minute Timeframe (Short Trade)
Alibaba has shown strong bearish momentum, hitting three profit targets after a clear short entry at 108.26. The price is now approaching the final target (TP4), making this trade highly successful so far.
Key Levels
Entry: 108.26 – The short trade was initiated after confirming a clear bearish setup.
Stop-Loss (SL): 109.65 – Positioned above resistance to manage risk and protect against potential reversals.
Take Profit 1 (TP1): 106.53 – Successfully reached, confirming the start of a strong downtrend.
Take Profit 2 (TP2): 103.73 – Continued bearish pressure pushed the price to this level.
Take Profit 3 (TP3): 100.94 – A further downside target that has already been achieved.
Take Profit 4 (TP4): 99.21 – The ultimate target, currently awaiting completion as the bearish trend continues.
Trend Analysis
The price remains below the Risological Dotted trendline, confirming a strong downtrend. With three profit targets already hit, the market appears poised to reach the final target at 99.21 if bearish momentum persists.
The short trade on Alibaba has been highly successful, hitting TP1, TP2, and TP3, with the final target TP4 in sight. The continued downward movement suggests that 99.21 could be reached shortly, concluding the trade profitably.
Alibabasell
Alibaba to Keep Falling? Alibaba - Short Term - We look to Sell a break of 109.62 (stop at 117.14)
A break of 110.00 is needed to confirm follow through negative momentum. Closed below the 20-day EMA. The trend of lower highs is located at 128.00. Our overall sentiment remains bearish looking for lower levels. The primary trend remains bearish.
Our profit targets will be 89.94 and 85.50
Resistance: 128.00 / 140.00 / 150.00
Support: 110.00 / 90.00 / 80.00
Alibaba is due to report earnings on the 8th February 2022. Trading over earnings releases carries additional risk and volatility is expected.
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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?
#BABA ANALYSIS.. POSSIBLE PATTERN FOR LONG TERM.. I think that the pandemic disaster we are in will continue for a long time and there will be a collapse in the markets on a global scale, in this context, I expect a structure in the stock as I stated in the chart.. The pattern I draw in the chart can be seen in many stocks, I think the second wave of sales will be more devastating, we will wait and see..
Disclaimer: Please do your own due diligence when it comes to investing.. Invest at your own risk..
I wish you all the best..
Alibaba: Potential Correction before a Breakout 1D (Apr. 27)X FORCE GLOBAL ANALYSIS:
Alibaba has shown a strong recovery after having locally bottomed due to the Corona Virus (Covid-19). Despite being a Chinese company, the e-commerce giant has not been as severely affected by the gravity of the situation. In this analysis, we take a look at Alibaba's (BABA) technicals and fundamentals to determine the most probable scenario.
Technical analysis
- We have been rejected by the descending trend line resistance marked in the dotted blue line
- The Relative Strength Index (RSI) shows a downtrend, with the formation of lower highs
- The Moving Average Convergence Divergence (MACD) shows decreasing bullish histograms, and a potential death cross
- We are seeing a temporary trend reversal to potentially fill the gaps below
Fundamental analysis
- The Corona Virus has impacted the company as fewer people were able to produce and deliver to their customers
- While supply issues have been handled now, there are now questions about how consumer demand for e-commerce products is holding up amid a period of global economic uncertainty and continued unease about germ spread
- Despite the confusion caused by the Corona Virus (COVID-19), Alibaba continues to invest aggressively into Alibaba Cloud
- As governments aggressively digitize services, cloud demand will be stimulated, and it's likely that Alibaba will be one of the beneficiaries
What We Believe
We believe that Alibaba is a strong company to hold for the long term. Alibaba shows strong fundamentals, and aggressive investments for the future that appear prudent. However, technical analysis demonstrates that we could be seeing a small correction for the immediate term.
Trade Safe.
Alibaba: 2 Month TargetAlibaba for the next week or so may have some small negative correlations due to concerns over trade in China and the recent effects tariffs and political decisions had on Asian markets. That being said, it is coming in on a strong for positive correlations when looking at a 2 month time period. An expectancy of a $150 price tag should occur within January and it seems to have strong stock potential for a very long term hold.
Long BABA @ daily @ new all-time high 2017 only question of timeTake care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a trading capability - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
ALIBABA @ 1D Chart @ Basic Scenario technically beatenTrading Capabilities
98.03 < 99.61 : long entry option
92.78 > 90.09 : short entry possible
Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs)
Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
ALIBABA @ 1h Chart @ above 1st trading day (after IPO) while thiAlibaba breaked out of trading zone while this september`16
- breakedUP of the 1st trading day (H/L) Session @ after the IPO ...
107.71 (2016-09-23): Friday (last trading) Closed
99.61 (2015-09-19): high of 1st trading day @ after IPO
90.09 (2015-09-19): low of 1st trading day @ after IPO
After the first hype @ after the IPO @ the traders created a gap
in the trading zone (even the 1st trading day @ after the IPO)
107.71 (2016-09-23): Friday (last trading) Closed
97.68 (2015-01-27): high of trading range in the trading zone
91.97 (2015-01-30): low of trading range in the trading zone
While August`16 the market traded the share
again between 90.09 and even 99.61 once again
- even since 2016-06-08 (since around 14 months)
107.71 (2016-09-23): Friday (last trading) Closed
97.18 (2016-08-25): 3rd temporarly daily low after gap into the trading zone back again
93.15 (2016-08-25): 2nd temporarly daily low after gap into the trading zone back again
93.15 (2016-08-15): 2nd temporarly daily low after gap into the trading zone back again
91.31 (2016-08-11): 1st daily low after gap into the trading zone back again
Don`t run after the share - like a missed bus ...
109.75 (2016-09-22): temporarly high - meanwhile yearly high 2016
107.71 (2016-09-23): Friday (last trading) Closed
105.45 (2016-09-15): temporarly high - meanwhile something like a support line
104.27 (2016-09-06): temporarly high - meanwhile something like a support line
98.85 (2016-08-15): temporarly high - meanwhile something like a support line
Use lower intraday prices as an entry. The best case scenario should be even the last both supporting lines around 105.45 & 104.27. Prices once again around 105.45 & 104.27 would - on one side closed the gap (between 106.18 & 106.77) and on other side he bulls could take breath again to climb by the next run trough 110 USD without any problemes. Even into new yearly highs 2016 ...
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps