Babashort
BABA Lowest Growth on Record !!If you haven`t sold BABA here, when i warned you about the additional American depositary share registration in the U.S. that was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.
Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake.
Then you should know that Alibaba had the Lowest Growth on Record. Sales rose 9.7% in Q4, below the 40%-plus growth that was common. consumer spending slows and competition intensifies.
Net income tumbled 74% to $3.2 billion.
And probably Softbank sells an important stake in it.
I`m curious what is Charlie Munger`s conviction buy opinion on BABA now.
My price target is the Dec 2016 level of $86.
Alibaba to Keep Falling? Alibaba - Short Term - We look to Sell a break of 109.62 (stop at 117.14)
A break of 110.00 is needed to confirm follow through negative momentum. Closed below the 20-day EMA. The trend of lower highs is located at 128.00. Our overall sentiment remains bearish looking for lower levels. The primary trend remains bearish.
Our profit targets will be 89.94 and 85.50
Resistance: 128.00 / 140.00 / 150.00
Support: 110.00 / 90.00 / 80.00
Alibaba is due to report earnings on the 8th February 2022. Trading over earnings releases carries additional risk and volatility is expected.
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BABA SoftBank to Sell Its Huge Stake ???Additional American depositary share registration in the U.S. was translated by Citigroup`s analysts as SoftBank Group intention to sell part of its stake.
Softbank was a pre-initial public offering investor in BABA, owning 5.39 billion ordinary Alibaba shares, or a 24.8% stake,
The can drop to the $109 support, if not even lower.
Looking forward to read your opinion about it.
Wolfe wave 2d - Rotation of out US equities and back into BABA ?BABA has been beaten up to death punishing long term investors. Regardless of the noise, a wolfe wave pattern has been identified on the 2D time-frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is approx 240 to 260. These targets can achieved before or after earnings. Short term psychological target is 200.
UPDATE Baba! TP 1 hit, looking for TP 2!Hello everyone!
If you are still in Sell from my previous analysis :
Here are some tips:
- close 50% of the trade and leave the other 50% in the market
- the other 50% position that you let in the market secure it and go with TP for price 130.
If you are not in Sell at this moment wait for price to return at 170, look for big Sell Volumes and a candle pattern and go for it!
Enjoy it!
Alibaba on trouble! Big Picture on #BABAHello everyone!
We can see that the big trend (uptrend) is no more the important trend. We have a Double Top or Triple Top with a small triple wave and New trend (down trend).
Normally we expect a retracement as the last peak, 100% of the movement of the pattern is at the biggest support!
Enjoy it!
$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.
BABA 4H Technical AnalysisNYSE:BABA
Short Below 236.60 area with first price target at the support line.
This is a GAP play, but ER is right around the corner so be very careful. We are also in this this pennant/wedge and if we break above this wedge, we could see a bullish trend continuation and a possible ER Run.
BABA | THOUGHTSThis stock looks really interesting because it looks like Facebook when they had all the problems with Cambridge Analytics and the Government. China is a tougher government and we don't know how the stock will react, several GAPS and rebounds with little activity give us a good environment for short selling. As I write this BABA is 2 percent down in after hours. The stock shows interesting and clear levels for traders whether they want to buy or sell. If I could take a position it'd be a short position having the 200SMA as my area to cut losses.
#BABA ANALYSIS.. POSSIBLE PATTERN FOR LONG TERM.. I think that the pandemic disaster we are in will continue for a long time and there will be a collapse in the markets on a global scale, in this context, I expect a structure in the stock as I stated in the chart.. The pattern I draw in the chart can be seen in many stocks, I think the second wave of sales will be more devastating, we will wait and see..
Disclaimer: Please do your own due diligence when it comes to investing.. Invest at your own risk..
I wish you all the best..