BABA - it's time to have a good look at AlibabaAlibaba has reached it's lowest point in a very long time.
PE ratio is not very optimistic, but it may to do with the general situation about Evergrande, which seems going bankrupt very soon.
Aliexpress is reported to have more than 900 million (active) users, while Alibaba has several other businesses along, which act as complementary parts for the whole company and doing in general not bad at all.
My expectations are that BABA will start it rise very soon, unless more negative news about Evergrande will come from China.
In case there will be no bad news, very soon BABA reports earnings, and it will in a way determine how the stock will behave,
Generally speaking, it's about the right time to enter BABA, although the most attractive moment has already passed, when it was trading around 140$/sh in October.
Considering very negative scenarios, when both bad news from China will follow and some other matters, such as interruptions in the supply-chain, I believe it won't fall much lower than 130-140$/sh anyway.
This way, waiting may give the opportunity to gain some extra 10-15% percent, but there won't be much more of it, while entering the stock too late, may eventually lead to more long-term losses.
Let's wait to they Earnings day to see what it will bring...
BABA
My Call option Watchlist of the week..!Before starting the analysis I would like to mention option trading is very risky and is not recommended for someone without experience!
For those who have experience, this list could be fun to watch or trade this week!
I usually use high-risk high-reward contracts!
These are my option trading rules!
Please read the rules and apply them to your trading..!
My Option trading rules and strategies
1- Position size: Define your risk level first
A- Small: 3% of Primary Capital
B- Regular: 5% of Primary Capital
C- Big: 8% of Primary Capital
2- Stop Loss:
A: 30% for all positions.(3%,5%,8%,*0.3= 0.9%, 1.5%, 2.4% of your trading capital)
B: Trailing Stop loss will move to Entry piece after 30% profit, for risk-free trades, moves to 20% after 50% and moves to 60% after 100%.
C: No stop loss in the system for the first 30 minutes of the market! ( order Good for Day)
3- Time Frame:
- My optimum goal is to close options trades ASAP, I do not recommend staying in any option trade for more than 72 hours.
4- Buy Naked Calls or Puts
- Buy Calls & Buy Puts options do not bring any obligation, and their risk is limited to losing the premium. I never recommend Sell calls/puts: risk unlimited, Gain limited
5-Strike price
- Only trade first In/Out of money contract. Out-of-money contracts always have higher risks.
- Expiration date
- At least 3-20 days left, But Never keep until the last day!
Closing Target
- will be calculated based on short time swings and will be updated as needed.
- Any change will be announced through notifications.
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BABA RecoveryBABA Chart . Links are provided at the top of the chart to allow you to quickly change the aggregation and time frame. The + to the right of the Quick Chart links allow you to further fine-tune the aggregation (Intraday, Daily, Weekly, Monthly, Quarterly) along with the period you wish to display..
BABA: Alibaba's future looking goodBABA trying to break the resistance line! Looking to crate a higher low, so that we change the down trend! If it breaks the resistance line it will have a great upside move! Also waiting for the results coming out on the 18th which will decide its future! Positive results, will lead BABA faster to the upside move! Big investors and hedge funds are already in, its a matter of time for it to go up
Alibaba stock LONGPossible scenario for #baba.
Long downtrend and major support waiting. Maybe we go and touch this zone but lets see. The idea is the same.
- We need breakout from red trendline
- We need breakout res. zone and re-test it
Buy zone above resistance and enter after re-test
TP points from fibonacci
Why Charlie Munger keep on averaging down Alibaba? 11/11/211)On Charts : Charts consist of 3-Dimensions - The X-factor ( Time or Cycle ), The Y- factor ( Price Geometry ), AND The Z-factor ( The Speed ).. 2)On Elliot Wave / Market Structure : Unlike Textbook written rule : ALL Impulsive wave comprise of ONLY a-b-c sub-waves NOT 1,2,3,4,5 waves.. AND there is NO Truncated 5th wave BUT ONLY wrong wave counts...
ALIBABA $BABA gift to you$BABA has been in a downtrend all year 2021. while this has being disappointing to investors, its also the one in 4 years opportunity to buy into this Chinese retail leader at these prices.
I mean 140 $ -160 is your buy zone. it will never be this cheap for a long time.
HARD SUPPORT is at I40$ and that represents the new foundation for this moon shoot. This is a long term play so allocate capital judiciously.
TAKE PROFIT zones should be about 210-220 and 260- 280.
GOODLUCK!!
Alibaba Analysis 06.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
BABA Found Bottom? Reversal Head and Shoulders Play to $210On the weekly chart, $BABA looks like it has found support at $155 and is forming a reverse head and shoulders pattern. I'm looking for one more touch of $155 or slightly lower, followed by a close above the $155 support to start adding a long position. A break above the downward resistance trendline would confirm a bullish break upward and $180 giving us our next big resistance. A close above $180 should send this back to $210.
BABA looks to be reversing: Inverted H&S pattern, w Higher High.BABA forming an inverse Head and Shoulders pattern
with a slightly higher high. If price closes above $173
on 1hr chart I may get in. Probably bounce around a bit near
the neck line. If neck line breaks, My target 1 would be just
under $200,
Target 2 would be about $225,
Stop Loss would be $152.
Thoughts???
$BABA: It's time, load up the truck...I think $BABA likely bottoms around here, the 14 week down trend signal that predicted this decline reached its final week and price will gap down into long term support from the all time 25% speed line for the whole advance from the bottom to the top. Sentiment had reached critical levels for equities last week already, and there's a path out of this mess with Evergrande possibly under control and most investors liquidated out of this stock, reaching lows not seen since 2019. Valuation is interesting now, so, it seems like a good play to try and knife catch this one. I once tried with the $KWEB etf which had completed a similar down trend recently, which led to a rapid rebound rally but that rally was faded after I took profits, and prices retraced back near the bottom on the back $BABA's continued weakness.
The time is likely now, to try and fade this largely hyped fall, after most people trying to catch the bottom gave up already. Let's roll!
I risk 1 average true range down, below this support level here, I will then monitor daily charts for a bullish trend signal after basing, to accumulate more shares and trail my stop loss higher.
Cheers,
Ivan Labrie.
Projections for $BABA by EOWThis asset in particular is being monitored heavily by Bulls. So, when it breaks, it will break quickly, but below are all the mandatory points of procedure when it comes to this type of consolidation. The asset could fall below your entry, to a double bottom on the longest wick of this triangle. Set this as your stop loss because anything below this and it’s still hosting too much outflow.
I’m case this does fall below your stop, In the future on the way back up, these trend lines will remain the same. So an entry could later on be determined from these charts.
Thanks for the read! Let me know your thoughts.
$BABA | WEEKLY WATCHLIST 11/1Not my favorite setup into the week... but still worth mentioning here. A possible wave 1 is in and looking to retrace on this wave 2. I have indicated my ideal buy box in the $148-155 range is best. If we can hold there with volume, I will consider taking a small long swing, targeting the mid $190s area.
BABA descending channel - Jan 1 thoughtslooking at Fib retracement along the channel trying to gauge a reasonable scenario.
A $130 target for Jan 1 is well within the existing data trend. Looking at options for early Feb in that range.
One caveat is that our last two months are typically big for online retailers, which may buoy BABA a bit.
Alibaba Sheds USD 344 Bn Since October 2020Following the exile of Jack Ma, shares of BABA tumbled down from all-time highs a year ago.
No company has incurred more of a loss in market capitalization than Alibaba in the last year. None have come close to the large figure. Ever since Ma publicly expressed forthright discontent with the financial system of China, investor sentiment around the successful giant has dwindled. The price of shares consequently halved into late September and are still fairly dormant improving to USD 173.
Jack Ma has recently been photographed in the Netherlands browsing agriculture tech after his public reappearance in Spain a week ago. Shares have rallied around 7% ever since. The company's presentation of a new server chip on October 18 has further helped improve share price. The chip is based on advanced 5-nanometer technology designed to support the company's growing cloud computing business.
Alibaba will likely report earnings on November 4th where investors can expect strong business growth, and another revenue beat. Though there are still considerable risks that investors should not ignore, Alibaba should still be a solid pick for the coming years.
BIDU has bottomed, massive Wave 3 incomingFrom the bottom of Mar'20 of 80$, BIDU saw a massive Wave 1 (subdivided into 5 waves). Note that Wave 3 was an exact 261.8% extension of wave 1 & wave 5 was almost a 161.8% extension of Wave 3. Then, a huge A-B-C correction, almost accurately to the 78.6% retracement of the bigger wave 1 (not coincidentally, the pre-pandemic level too!)
For the first time since July, the stock went above the 200d ema & has promptly pulled back. This might trade here for a while as there are many resistances above, but there are major support levels too. 175-176 is the next target, followed by 184 & 202
Invalidation level: 138-140 level
(PS: Alibaba(BABA) also forming a similar pattern but BIDU is more bullish. BABA badly broke the pandemic low, thanks to disappearance of a special someone)
Not an investment advice, I am long on both BIDU & BABA