Cyber Monday saleUp to 70% OFF

Bababuy

Elliott Wave View: Short Term Bullish in AlibabaShort Term Elliott Wave view in Alibaba is bullish with the rally from February 8, 2019 low ($163.58) unfolding as an impulse. Furthermore, the cycle starting from January 23, 2019 low has not reached 100% target, thus still favoring further upside. Near term, rally from Jan 23 low to $171.05 ended wave ((i)) and pullback to $165.09 ended wave ((ii)). Wave (( iii )) ended 187.45 peak. Up from $165.09, wave (i) ended at $172.68, wave (ii) ended at $169.8, wave ( iii ) ended at $183.72, and wave (iv) ended at $178.71. Wave (v) unfolding as an ending diagonal which ended at 187.45 peak. Below from there, the stock should now pullback in wave ((iv)) to correct cycle from Feb 19, 2019 low in 3, 7, or 11 swing before the rally resumes. As far as pivot at $165.09 stays intact, favor more upside in Alibaba in near term.
NYSE:BABALong
by Elliottwave-Forecast
NYSE:BABA: Let's see where it ends upHi All, Hope all your trades are going well. Posting this chart because I see buying oppotunity for NYSE:BABA Entry NYSE:BABA: Exponential Moving Average (200) 122.09 The current RSI is showing close to being oversold, and starting to create a falling wedge Shortterm I expect the price to pullback, in a bearish breakdown There is a possibility that BABA has bullish reversal however, I will be patient for the trade to come to me instead of chasing it Please let me know what you think because this could go the complete opposite of what the chart shows Objectively still bullish on NYSE:BABA Be sure to follow me and like this post if it was helpful, and thank you all. Like the Phoenix we will rise from the ashes Happy trading People....
NYSE:BABALong
by letsgetit
BABA: Accumulate at bottom of channelBaba is like the Goog, it isn't going away and neither is China. Baba is less about international trade than it is a domestic play. Look for policy or fiscal support as the CCCP look to soften the Trump tariffs. Stock is trading at the bottom of the channel with a potential positive MACD divergence and should consolidate around current levels before testing the channel's upper boundary around the $210 level. Stops can be placed below the channel's lower boundary for a good risk reward trade.
NYSE:BABALong
by WellTrainedMonkey
THE FUNDAMENTAL LONG PICTURE FOR ALIBABA (BABA)China’s economy is growing at a 6-7% annual rate and is on track to pass the United States as the largest economy in the world within the next decade or two. China’s middle class is made up of 1.3 billion individuals and those individuals are beginning to shop online a lot! In this scenario it only makes sense to own stock in the most dominant Chinese e-commerce company, Alibaba. You have probably heard of Alibaba referred to as the Amazon (AMZN) of China. The similarities between Alibaba and Amazon don’t stop at online retail. Alibaba, like Amazon, also has a dominant and rapidly growing cloud computing business. In Q4, 2017 its cloud business grew by 104% YoY. Aside from its already impressive e-commerce and cloud computing businesses, Alibaba also owns a portion of a rapidly growing fintech company called Ant Financial. We think Alibaba is well positioned for the next decade! The e-commerce, cloud computing, and the mobile payment industries should continue to see plenty of growth! Alibaba’s stock is currently trading at forward-PE of 26. Analysts have forecasted a 5-year EPS growth rate of 29%, assigning Alibaba a PEG of 0.9. Subscribe to our newsletter at robinhoodstrategy.com
NYSE:BABALong
by doolan.wesley