BABA
PDD Gap-up above $113 supply shelf next week will then see $118 (Opinion Only)
Open gap above at $118 + a bullish reversal weekly candle. If EEM and PDD gap up next week where PDD is above $113 this will likely run to $118 to fill that gap above.
A lot of bullish unusual options activity in this name today.
When This Sentiment Shifts Whoa Boy She Will Go Parabolic Higher(This level brings us back to 2018 Highs)
Valuation is extremely compelling.
Eventually rotation into the only place where valuation is compelling will be the only place to be.
Second half of 2021 this will break-out.
We are sitting directly at the 200week Moving Average (200.10)
$BABA short term for double down. Long term moon!NYSE:BABA
It seems $BABA want to test $191.
Based on history since IPO, the share price is in an upward trend. But there is 2 times the candle overshoot the support.
Expect the same, will drop to around $191 before a rebound.
Fundamentally great, can't go wrong unless China forces BABA to close which is impossible.
BABA the Asian King is coming backNYSE:BABA
Bet on the good stock with low risk!
The we need is
.
30 - 50% return in recent years!
For what it’s worth, it’s never too late.
Hey! how many times you shop and search for some deal in the Lazada app? within the Covid-19 struggled you at home.
In Europe and America may not many... but if you are an Asian guy I believe that you open this app bold right now.
Well, Ecommerce is not a new thing but cloud services are hiding from the majority perspective. It's growing up and profitability for the next BABA.
OK don't talk so much.
Buy it or not, you decide.
$BABA buying the dip*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Recap: My team has been following Alibaba for the past few months. We originally entered $BABA on 5/27/21 at $207 per share. There is no denying the massive oversell of BABA. After correcting from its 52-week high of $319.32 $BABA now sits at just $21.22 per share. $BABA is a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October.
Today my team has placed our 3rd buy order on $BABA at $210 per share.
We're long.
FIRST ENTRY: $207
2ND ENTRY: $220
3RD ENTRY: $210
TAKE PROFIT: $265
STOP LOSS: $203
If you want to see more, please like and follow us @SimplyShowMeTheMoney
#Alibaba wedge breakout attemptHey listen up my friends, #Alibaba #baba is attempting to breakout. My first take profit is 245 my second is 275 as there are strong peaks there, after that we likely test all time highs, this play is a week or two long play, options are cheap, scoop them up. Obligatory this is not financial advice yada yada.
BABA BUY/LONG NOW READY! 216.80 301.70 By End 2021!TICKER CODE: BABA
Company Name: ALIBABA GROUP HOLDINGS LTD
US Stocks Retail Trade Internet Retail
Position Proposed: BUY (Long-Term)
FOMO BUY ENTRY: 216.80 (NOW READY)
NEXT BUY ENTRY: 213.40
1st Partial Take Profit: 301.70 (End 2021-Early 2022)
2nd Partial Take Profit: 363.25 (End 2022-Early 2023)
NOTE THAT THE TIMELINE IS ONLY AN ESTIMATION
Stop Loss: 165.00
Technical Analysis
1. LARGE Rising Channel
2. Fibonacci Retracement at 0.786
3. 1st Partial Take Profit is at Fib Ext Level 1 Grey Zone (Safe Zone)
4. 2nd Partial Take Profit will be at trendline resistance level as well as level 2 of Fib Ext Blue Zone
5. Stochastic Expected to hit Stable Range then rise to overbought levels
6. the current market is a Break and currently retesting the previous resistance
7. Short-Term Timeframe (4hrs/Daily) has an impulse flagpole with a pennant (Continuation Pattern)
BABA FAKING IT?Alibaba (BABA) has been a total dog so far this year. Shares were trading well into the fourth quarter of 2020 but then a string of issues pummeled the stock.
Regulators disrupted Ant's initial public offering, then dug deeper on Alibaba and dialed up the heat.
Investors don’t like regulatory issues as it is but particularly when we’re dealing with Chinese regulators.
However, in April, Alibaba paid a smaller-than-expected but still record fine, hoping to puts its regulatory issues behind it. Still, the stock hasn’t responded the way bulls were hoping.
All of this comes as the S&P 500 and Nasdaq continue to grind out new all-time highs.
It also comes as FAANG stocks continue to trade incredibly well. Alphabet (GOOGL) - Get Report is the top performer with a near-40% gain in the first half of the year, while Netflix (NFLX) - Get Report is the worst, with a 2.3% drop.
Alibaba has a similar first-half performance, down 2.6%. However, it’s doing far worse from the highs, down more than 30%.
Call me a hopeless optimist, but I feel that Alibaba can have a solid second-half performance.
Shares continue to hold the $210 to $212 area and have recently cleared downtrend resistance . That said, there’s plenty of overhead hurdles.
A push over $235 - thus putting it over all of the moving average hurdles mentioned above - could open up a run to $250, then $263. Above $275 and $300 is in play.
Keep the risk in mind but this could be a solid second-half rebound play.
NTES - Seasonality playNtes is a technology company engaged in the development of applications, services and other technologies for the Internet in China. July produces an avg of +1% over past 5 years. There is decent open interest in the july 16 115 and 120 calls. I have seen a fair amount of bullish option flow for china tech stocks. JD BABA , GL!
ROKU**News came out today about Apple buying Roku remote button for Apple TV+ app.
Call sweepers were active.. 95% bullish call flow. 2 Dark Pool Prints $100M+
Today was a great example of waiting for the right catalyst aligned with a key level break.
448 was the entry. ROKU can make a run towards 486 by Friday this week if it can hold above.
Trade Idea: 475C 7/2 BID/ASK: 3.90/3.95.