Get started

Babalong

BABA - 9.19% Potential Profit - Bullish Rectangle BreakoutClear uptrend Support with a Bullish Rectangle formed within. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $266.78 Suggested Stop Loss $259.47 Target price $290.81 Note that I tend to adjust stop losses in order to secure profits early and preserve capital . This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
NYSE:BABALong
by maschera
6
BABA - Alibaba buy zonesHello traders, Description of the analysis: Alibaba support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
NYSE:BABALong
by Jacob_Kovarik
With China Open For Business, $BABA Is A BuyChina is on its way to recovering from the Wuhan virus and we expect economic activity to pick up. While the USA faces the Chinese virus head on, it's best for investors to focus on plays that won't be affected by what's happening in the US. $BABA will benefit and the stock will head back to where it was trading at before. With Softbank selling some of its position, it also removes an overhang on the stock. On March 10th, Alibaba (NYSE:BABA) reported that its package and meal delivery units are fully staffed at pre-coronavirus levels, "the latest example of how China’s largest corporations are getting back to work after Beijing’s entreaty to safeguard economic growth," Bloomberg writes. Cainiao, meal delivery unit Eli.me and grocery chain Freshippo are all back at full strength, according to a spokesperson. Cainiao, of which BABA owns 60%, boasts a network of millions of delivery people that can handle more than a billion packages daily during peak demand. Last week, Alibaba rival JD.com (NASDAQ:JD) forecast at least 10% revenue growth this quarter, suggesting surprising resilience in online retail. Yesterday, billionaire David Tepper said that he believes the market could go down another 10%-15%. At the moment, he is "nibbling" on tech faves like Amazon (NASDAQ:AMZN), Google (GOOG, GOOGL), Alibaba (NYSE:BABA), and Micron (NASDAQ:MU). As always, trade with caution and good luck to all!
NYSE:BABALong
by InsiderFinancial
2