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Babalong

Chinese Stocks Inverse H&S reversal? BABA had strong earnings and beat earnings expectations. The stock popped and retraced back however it is showing nice support on that right shoulder along with XPEV and & NIO. I like these stocks as a buy here and think they can easily reach the neckline resistance by the end of the month. They They have all broke their respective downtrends. XPEV & NIO have earnings this month and with many people converting to electric vehicles they could surprise us in a good way. Im still skeptical on SPY at current levels so I would like to see how these stocks react on the next retracement/correction/continuation.
NYSE:BABALong
by anamaly
6/26/22 BABAAlibaba Group Holdings Ltd. ( NYSE:BABA ) Sector: Retail Trade (Internet Retail) Market Capitalization: $309.183B Current Price: $117.62 Breakout Price: $120.00 Breakdown Price: $85.00 Buy Zone (Top/Bottom Range): $102.65-$87.00 Sell Zone (Top/Bottom Range): $113.80-$124.95 Price Target: $128.40-$131.70 (1st), $167.50-$171.10 (2nd), $15.70-$14.00 (3rd) Estimated Duration to Target: 29-31d (1st), 117-124d (2nd), 340-356d (3rd) Contract of Interest: $BABA 7/15/22 120c, $BABA 10/21/22 130c, $BABA 6/16/23 100p Trade price as of publish date: $6.47/contract, $11.98/contract, $14.93/contract
NYSE:BABA
by lord_catnip
BABA LONGKeltner Channel is looking upward which is typically a good set up for long position. RSI just bounced back from level 50 and is going to cross the signal line again. Hopefully aiming for the overbought zone. MACD seems to be losing strength but always above the signal line. Moreover having a look at EMA we can see that 6EMA crossed up 18EMA which crossed up the 50EMA. It could be a hint bullish momentum. Stochastic and Bollinger bands seem to confirm previous situation. We put the entry price above yesterdays closing price just to have some margin because of the premarket price which is at 106.6 at the moment while writing. ENTRY: 107 YELLOW SL: 100.73 RED TP: 119.5 GREEN
NYSE:BABALong
by vf_investment
$BABA - [High Risk] Long Entry Setup [Weekly]$BABA's technical strength is improving in the weekly chart. Some of the key things to look at: Improving relative strength to SPX. It started falling in-line with SPX several weeks back (horizonal RS line) and has been outperforming SPX in the 70 trading sessions (upward slope RS line). Breaking out of a descending parallel channel. Breaking its weekly 30 EMA down-trending EMA. Strong accumulation volume seen on weekly charts around the $80-90 price area. Relative strength of the Chinese Tech Index. (Not shown in the charts). All of these factors coupled with macro indicators like China reporting the lowest inflation figures, and loosening of crackdown on Chinese tech by the Government make for a LONG entry case for $BABA.
NYSE:BABALong
by ItzzVaas
1
Alibaba lift off !! Alibaba Short Term - We look to Buy at 102.52 (stop at 92.78) Dip buying offers good risk/reward. Trading volume is increasing. Previous support located at 100.00. Trading close to the psychological 100.00 level. Our profit targets will be 138.58 and 164.00 Resistance: 120.00 / 138.50 / 180.00 Support: 100.00 / 83.00 / 73.51 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NYSE:BABALong
by Saxo
1
👽 ALIBABA. ACCUMULATION HAS BEGUN. NOT SO FAST!Hello everyone. Today Lets take a look at Alibaba 1W Chart. What do we see? 1. First of all, currently we are in descending channel , there is no rally that changes the behaviour (from bearish to bullish ) yet. Thats a fact. 2. Recently we saw good 1w bar with big massive spread and climactic volume . What does it mean? This might be a zone where Composite Operators will be accumulating the stock. Also that doesnt mean that we will see bigger prices immiediately because of climactic action and lack of deep tests of this bar - points of fear (a lot of weak hands heared on news, from different public traders that "we have found bottom, lets buy that!") 3. Currently we are waiting for some tests of this bar. No one can tell you where we will found 100% stopping action and support of next accumulation (at which level), we just might predict that. So our first interesting zone to stop downmove is 104-105$ (0.382 fibonacci zone), second is 99-100% (0.5 fibonacci zone), third is 94-95 (0.618 zone). But we should pay more attention to lower timeframes in order to claim the end of local bearish reaction (1d, 4h timeframes). If we see shortening of thrust on 1d chart, lack of supply, big demand tales and good bullish bar with big spread on low demand volume (not climactic) after those this is a right time to try long! and start accumulating with CO in potential phase B. But accumulation might be very long! So you must not be aggessive and divide your pose into parts and have multiple POE to reduce your risk. Thank you for reading, write your thoughts down in comment section below.
NYSE:BABALong
by JustCharts
BABA - Oversold to overbought Everybody knew 77 was ridiculous level for this name to see when eCommerce was booming WW. But when the risk appears in the percentage terms in front of you...its hard to justify the buy. The core of how the titans of the investing world operate. Value is the most when retails is the most scared to touch anything. This applies to many chinese names. Not all of them will end up making money for the investors, but there are big names that should hold well over the next decade - BIDU, BABA, TECHY to name a few Despite how much the price has bounced, that can't be your reason to trade. Critical indicators are VMA, 30 EMA and ATR buy zone. If you really believe in the turnaround theory (volume suggests yes), any dip below 112 could be used to build a position. right up to 95 as the first stop loss.
NYSE:BABALong
by CheelooTrader
1
ALIBABA , is gonna ready for end this correction eventually ?A three-wave ascent and then a diagonal drop indicate that we are in a larger scale in a triangle or structure. + Personally, my entry strategy is wait for the conflict and corrections of the indexes to end and see a confirmation of the end of the downtrend, and I confidently enter with a heavy volume ... because it has good conditions for entry ! +The analysis is based on the fact that the United States reached a trade agreement with China to prevent its enemies from uniting.
NYSE:BABALong
by ManS-Investing