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Babalong

BABA longterm (weekly)BABA in weekly is currently forming a falling wedge. We would potentially be ready for a wave 1 after that downtrend, 200 area acted as a support recently, if it can hold again we could potentially start wave 1. I would like to see MACD turning bullish with RSI back over neutral level first. BABA earnings is August 19th, a good report can be the catalyst for the falling wedge break and the comeback of China's giant. Yellow lines are longterm level to watch :) On july 8th BABA dropped below 200 mental number but we saw a dip buy. Daily candle closed with a wick down and more volume than usual, its good sign. Opinion : BABA is currently undervalued and could see a massive run after that downtrend break. Keep it on the shopping list !
NYSE:BABALong
by Willgau13
BABA 3D Buying with a short stop can give a good resultLooking at the global chart of Alibaba Group shares, it appears that the 38% corrective fall is reaching its logical conclusion. During the fall, each renewal of the minimum was accompanied by a decrease in trading volumes, and the "Bullish Pennant" pattern is formed on the chart itself. The target for working out such a pattern is in the region of $265-285, which is at least + 30%. In this zone, you should cover longs and look around to see what the general mood will be in the market. Analyzing the chart today, we consider the scenario of the continuation of the correction of the price of BABA shares down to $165 , and possibly to $135, after a rebound to the zone of $265-285 from current prices , is more likely. This assumption will be shattered by buyers if they can confidently fix the price of BABA shares above $285 Let's wait and see who will dominate the market in the future)
NYSE:BABA
by P_S_trade
22
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)
NYSE:BABALong
by traderprosignals
3
$BABA Still waiting!BABA ended the week strong with heavy call volume near Friday's close. Since last time I charted BABA, it dipped into my buy zone near the fib level and bounced fast. Notice how it bounced off the Oct VWAP from last year. Also notice how the weekly high is the 21 EMA, which is telling of this swing. Without an active sequence, it will be hard to tell as of right now if this is the bottom. It wouldn't surprise me if BABA went even lower to test last year's price range between 165-190, and I would be wary of going long here still. I will continue to watch BABA, hoping that it can show strong indication that a bounce is in on a strong Fib level and bouncing off the lower VWAP. So far the monthly low continues to be 204, right at the Fib level. Below 204, we can consider it a short term correction looking for lower prices.
NYSE:BABALong
by Modus777
Best Deep-Value Large-cap Growth play - Alibaba (BABA)Macro Reasons -China has a population of 1.3billion VS US's 0.33 Billion, about 4x more -Rising Chinese middle class with a growing disposable income -It is estimated that China's GDP is set to overtake the US in 5-8 years Fundamentals Reasons -With 56% of the e-commerce market share in China and a growing e-commerce pie, Alibaba is poised for greater growth in 5-10years -Supported by Cainiao logistics to enable efficient e-commerce delivery and Alipay to complete its transactions/funding for their merchants, it forms Alibaba's iron triangle to capture a large market share in the e-commerce related space. -Dominant Cloud player at 40% market share, this segment just turned profitable recently and will contribute to its growth strongly like Amazon's AWS (30% margins) Valuation FCF: 26Bil USD per year i.e 9.6 USD per share (2.711 Billion shares outstanding) 20X multiple(Bottom valuation) : 192 USD per share 25X multiple(Bottom valuation) : 240 USD per share Net Cash of 20 USD per share (462bil RMB Cash - 115bil RMB Debt = 347 RMB Net Cash = 54bil USD net Cash ) Fair Value at current conditions = 212 USD per share (20X FCF) - 260 USD per share (25X FCF) FCF 10 years later: 9.6 USD *4.04 (15% CAGR for 10 yrs) = 38.78 USD per share 20X multiple (10% discount rate - 5% perp growth): 775 USD per share +20USD net cash =795 USD per share 795/215 (Current share price 14th June 2021) = 3.70X in 10 years* i.e 14% CAGR *Very conservative estimate of 15% CAGR FCF & terminal multiple of 20X, also assuming all FCF are re-invested in other biz and not distributed via dividends/ buybacks Technicals Seems like it is at its bottom after a 30% slump in its share price, touching a very strong upward sloping support line indicating the bottom is near. Incidentally, it corresponds with the bottom valuation of 212 USD per share (20X FCF + net cash). Addressing Risks Risks of VIE structure & CCP risk are unfounded, one can easily exchange its ADR for the equivalent HK shares at the ratio of 1ADR:8 HK shares and Alibaba is too big to fail for the CCP. The recent USD2.8 Billion fine on BABA is only 4% of revenue and not as dramatic as the 30% slump in BABA's recent valuation (from $310 to $211 per share). Also, the CCP has recently approved Ant Group’s new license to operate Chongqing Ant Consumer Finance, in which it has a 50 per cent stake. This indicates that the CCP doesn't want to tear down Alibaba but rather work towards a more successful China together.
NYSE:BABALong
by FIRE_CAPITAL_SG
1
$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.
NYSE:BABA
by Modus777
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
NYSE:BABALong
by traderprosignals
2