BABA on a key area. Bullish breakout or bearish continuation?Today we will share a daily view of the $BABA chart.
Main aspects we can see here:
-The price is facing an ascending trendline.
-The previous level converges with a support/resistance zone working since 2018.
-The current bearish trend can be defined as a descending Wedge pattern (if the price keeps moving between the structure lines, of course.)
If I'm interested in bullish movements only. What can you wait for before trading?
-A clear scenario for a bullish continuation movement would be a breakout of the structure followed by a corrective movement (like the circle you can see on the chart. Of course, take it as a model to replicate). IF that happens, we will be setting pending orders above the structure (green horizontal line), and we aim for a target on the next resistance zone 268 - 274
-Risk and time.
-We will be risking 1% of our capital on this setup. Meaning that if the price executes our order and then goes straight to our stop loss, we will be losing 1% of our capital at that level. Then, if we aim to a risk-reward ratio of 2, we will be making 2% of our capital in the best scenario. If the order is executed, we expect a resolution between 15 to 30 days.
Thanks for reading! Feel free to share your view in the comment box.
BABA
$BABA Channel. Looks pretty bullish. It's testing 209.4Have been trading this channel for a bit. I think every trade was a put from the middle or top of the channel. It's kind've falling in between the channel and that's where the highs are. Does this indicate that the channel will be moved or not be valid anymore soon? I think so. At least investopedia says that when stuff stops touching the bottom and top consistently to be weary.
How I see you (BABA)I am looking at BABA chart with MA200-day, MA50-day, MACD and Volume.
(Best to move chart to Week and Month to see clear MA proof)
It's interesting how BABA build candle over-and-over the green MA50.
I see 1-2-3 hits over the MA200 with upwards trend, looking for the date range,
we can see they're same numbers of days 455d/ 65bars.
I am looking forward to see a clear stock growth.
I am looking also to MACD and see an upwards trend.
(This is my way of thinking, please be carefully how you invest)
BABA, Insane setup on the Weekly, Options Play Falling Wedge
Perfect Eliot wave count on the way up 1,2,3,4,5,
ABC correction wave
Lingering at the 200 EMA and SMA (previous bounce zones)
MACD rising from the beginning of the year
RSI < 35
IV on call contracts is historically low, buying OTM August opex
$BABA Waiting for entryI have noticed a lot of bullish sweeps lately trying to guess the bottom here. There is a descending wedge forming on the weekly chart that has become an issue if it continues to drop under the buy zone that I have set below. My buy zone is based on the retracement level that coincides with the highs in 2018. As these sweeps kept coming in, the 2022 LEAPS caught my attention. If BABA manages to break out, it will be interesting how price will hold these levels now that it seems that big accumulation is taking part. Also important to note that ADX is getting a strong sell signal whilst orderflow shows otherwise. IV is also the lowest it has been in the last 52 weeks, so a big move to either side could take place soon.
$AAPL $NFLX $BABA $HD I OptionsSwing WatchlistHD 2H I HD is currently breaking out of this bullish formation with strength. Looking for a break above $313 with a $320 target next week.
AAPL 1D I Held the bullish uptrend established back in September. Unusual options activity was bullish and they bet on a retest of $128 this upcoming week.
NFLX 1H I Trading within a bull flag, we are looking for a break this week give unusual options activity betting on the $495-$500 calls for 06/18.
BABA 1D I Massive falling wedge pattern which could break to the upside before earnings on 08/19. The Chinese giant is more than 30% down from ATH levels. However, there is some sense of renewed hope in the company as US investor Charlie Munger recently disclosed a sizable stake in the company.
BABA broke down out of upward channel but...We are actually showing relative strength when factoring in oversold levels.
I'm looking for BABA to bounce and break back into the upward channel next week.
We could see one more day of weakness but we should get that bounce Friday or Monday.
My goal is to see the 230's trade by end of month.
Long the 8/20 $225 CALLS. Paid $5.75
BABA - 1D candle - Long Above 220$ BABA can interest me for a cute swing.
This stock is a strong company, with good Revenue, future prospects and technological innovations.
China’s e-commerce is testing a critical point in the graph as it reaches its rising trend line, outlined from the start of its IPO.
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Recent News (Fundamental):
* It announces that it will produce robots that will enter the Chinese economy.
* It announces that it will start producing electric trucks.
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The average analysts' rating by "TipRanks" is positive.
With a consensus of 25 buy recommendations right now!
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technical analysis :
Above price 220$ it will prove that it breaks the descending triangle
Under 195 I would less recommend holding it
PT1 - 268.50$ (Conservative)
PT2 - 297-300$
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* For traders who like to measure price levels with Fibonacci, it appears for you in the graph, from the highest price to the price at which the stock is currently
* There is no recommendation, you are big kids, do your research .. I just share with you my trading ideas
* Let me know what you think, your opinion is important to me !
Is $BABA taking one last nap?*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*
My team remains confident in the long-term success of $BABA (unless fined to death by China), but is it ready?
My team isn't too confident in the short-term price action of $BABA. We believe that the e-commerce giant needs one more push down before finally being ready to hit our long-term target of $260. In the meanwhile we're setting a sell order for $BABA at $206 and selling down to $190.
Although our short-term confidence in $BABA is poor our original buy entry at $207 will remain (view previous posts for more info). These buy entries have a trailing stop loss of $208 to avoid taking any losses on the trade before our sell order activates.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
BABA - Watch Closely!IC&H and H&S pattern detected. It's obviously been beaten up but I am not sure I am falling for the head fake here. Keep an eye out for a possible "ugly" but functional W pattern here. A break below 220 would invalidate the W but a break above 271.21 shoulder resistance would complete the W and if held as new support, would bring it back to ATH's with a PT of 271.21. I am a buyer above shoulder resistance. Let's see how this shakes out!
$AAPL $PDD $BABA $AMAT I OptionsSwing WatchlistPDD 4H I Breakout from massive downtrend with volume. Cathie Woods was adding shares back in March. PDD has to hold the $130 level for continuation and the price target is $150 before next ER.
AAPL 1D I Held the bullish uptrend established back in September. Unusual options activity was bullish and they bet on a retest of $128 this upcoming week.
AMAT 1H I Testing ATH levels, above $140 it could get some more traction. Amid the current chip shortage AMAT is one of the companies that is tasked with helping the industry catch up.
BABA 1D I Massive falling wedge pattern which could break to the upside before earnings on 08/19. The Chinese giant is more than 30% down from ATH levels. However, there is some sense of renewed hope in the company as US investor Charlie Munger recently disclosed a sizable stake in the company.
$BABA June Update*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*
My team is still up from our previous $BABA entry at $207 per share. The stock now sits at $219.
Our stop loss is also now set at $208 (above our entry), but clearly our long confidence in $BABA has increased, and so has our price target. Our first take profit has increased from $238 to $260.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
ALIBABA :DETAILED FUNDAMENTAL ANALYSIS - LONG TECHNICAL SETUP ⭐️Alibaba stock has been in a downtrend for some time, even though the company continues to post solid earnings and sales growth. Alibaba stock has come under increased regulatory scrutiny in the last couple of months. BABA stock climbed to its 50-day moving average at the beginning of this week, but is this stock worth buying now?
Alibaba shares fell May 13 after the company missed fourth-quarter earnings forecasts, but revenue growth expedited for the fourth straight quarter, rising 77% to $28.6 billion.
Previously, sellers dropped Alibaba stock on Nov. 3 after the IPO of Ant Group, Alibaba's $34.5 billion fintech unit, was suspended in Shanghai and Hong Kong. The decision to suspend the IPO came after Shanghai Exchange officials said the exchange would suspend the listing due to the company's inability to meet conditions amid regulatory changes.
Sellers pounced on Alibaba stock again on Nov. 5 after the company reported earnings and missed sales.
BABA shares plummeted another 8% on Nov. 10 after Chinese regulators stated new outline antitrust rules for Chinese online platforms such as Alibaba and JD.com, among others.
Alibaba's third-quarter earnings report in February showed another quarter of strong bottom-line and top-line growth.
Adjusted earnings rose 30% to $3.38 per share. Revenue growth accelerated for the third consecutive quarter, rising 46% to $33.87 billion. The company's cloud computing revenue grew 50% year over year to $2.47 billion.
"Our cloud computing business continues to expand market leadership and is showing strong growth, reflecting the enormous potential of China's nascent cloud computing market as well as our multi-year investment in technology," Alibaba CEO Daniel Zhang said in a press release.
China's e-commerce market is valued at $2.1 trillion and is the largest in the world. Its compound annual growth rate (CAGR) is expected to be 12.4% and reach $3 trillion by 2024.
Alibaba is a great way to bet on this opportunity because its dominant market share in consumer-to-consumer (B2C) e-commerce is about 50%. That compares to JD.com and
Pinduoduo's B2C shares of 27% and 13%, respectively.
A day after the earnings report, Alibaba shares dropped 3.5% on Feb. 3 after the company's fintech unit, Ant Group, reached an agreement with Chinese regulators to restructure and become a financial holding company. Ant Group operates a suite of financial products, including Alipay, China's widely used digital wallet.
It's hard to find a company with a more impressive growth record than Alibaba. Over five years, the company's annual revenue growth rate was 29% and its sales growth rate was 46%.
Expectations were high for Alibaba's annual Singles Day event in November, the largest shopping day in China. The company did not disappoint, with sales nearly doubling from a year earlier to $74 billion.
The company managed to maintain its growth mode despite a slowdown in its core e-commerce business.
Alibaba's business in China is a lot like Amazon's business in the United States. Alibaba's cloud computing business is showing strong growth, as is Amazon's thriving Web services business.
Alibaba is anticipated to make $9.93 per share in the current fiscal year 2022, unchanged from 2021. In 2023, however, it is expected to grow faster, 28% to $12.69.
Alibaba's subsidiaries Taobao and Tmall use third-party business models. Instead of buying inventory and retailing to consumers, they operate marketplaces that host and promote other companies' online sales for a fee. This strategy helps save operating costs and provides Alibaba with significantly higher margins than its closest competitor JD.com, which uses a first-party business model.
In 2020, Alibaba's operating profit margin was 13%, much higher than JD.com's operating profit margin, which was just 1.7% during the same period.
But Alibaba is not limited to e-commerce. The company is also looking to transform retail with a concept known as "New Retail," which includes digitizing the personal shopping experience.
Alibaba has executed this strategy through its Freshippo grocery store chain, which offers advanced features such as digital price tags, robotic food transportation, and robotic waiters.
The company also spent $3.6 billion to acquire a majority stake in the Sun Art hypermarket retail chain to expand its physical presence.
With such a huge market share, Alibaba attracted the attention of Chinese antitrust authorities, who fined it $2.8 billion for allegedly restricting competition and encroaching on the business of its merchants. The company imposed a " choose one" requirement that prohibited some customers from working with other e-commerce platforms. Company executives agreed with the fine and said they planned to enforce the requirements in the future.
It's not that clear whether compliance will have a long-term impact on Alibaba's operating results (the fine, which is only 12% of 2020 net income, probably won't). But given Alibaba's high growth rate and its low valuation, any potential weakness looks justified.
go long KWEBtrading below its VWAP from the previous high, Emerging Markets expected to outperform this year, KWEB is a good way to focus exposure in China while getting a diverse basket of high growth names that are titans over there with names like Alibaba, Tencent, Pinduoduo, Baidu, and JD.com.
Diversification is key especially as US markets top out in the near term
Is the Sleeping Giant ready? *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*
My team has been following Alibaba for the past few months. We have an original entry of $207, with a short term target of $238.
There is no denying the massive oversell of BABA. It's a GREAT stock going forward and we absolutely believe that it will be trading in the $300 range before October. So is the sleeping giant ready? My team wants new traders to understand that timing the market is impossible every time, so instead we're more focused on risk management. This is why our stop loss is at the $203 range. If it goes past that price range expect BABA to correct down to $188-191 per share. However, we're expecting the giant to have a short term rally up to $238.
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Feel free to comment and let us know your thoughts.
BABA BUY/LONG NOW READY! 200.00 to 350.00 by Early-Mid 2022! TICKER CODE: BABA
Company Name: Alibaba Group Holding Limited
Industry: Consumer Cyclical | Internet Retail | China
Position Proposed: BUY
Technical Analysis
1. Falling Wedge Pattern (Potentially Completed)
2. Ranging in Channel
3. Area of Confluence with Trendline and Horizontal Support (Key Level)
4. Fibonacci Retracement at 0.786 is at key market structure
5. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
and also Channel Range (Trendline Resistance)
Buy Entry: NOW READY (200.00-220.00)
1st Partial Take Profit: 350.00 (Early-Mid 2022)
2nd Partial Take Profit: 439.50 (End 2022)
Stop Loss: 170.00