BABA AnalysisPrice playing out nicely from my previous analysis. Liquidity was taken at 73.28 and price shot up from there. My expectations are unchanged this week. I'm expecting the fair value gap at 79.79 to be taken.
BABA trade ideas
BABA - BULLISH SCENARIO China stocks are entering an exciting earning season combined with the upcoming major holidays. NYSE:BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging NYSE:BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely scenario, considering that range is still much undervalued.
Alibaba Accumulation Good day/night everyone, here we have possible accumulation on alibaba stock. Price broke long-term trendline and became oversold in march with increasing volume, furthermore on secondry test in phase A with dropping supply couldn't broke SC(support). The next bullish move in phase B started with strong demand and good spread and broke resistance.
In current bearish move that we close to the resistance with lowered volume can be the secondry test in phase B that can start an bullish move or a powerful and quick shakeout that wants to trap sellers and move up and at last my idea is that we are in a spring in phase C of Wyckoff accumulation.
Another important point is the fundamental analysis on this stock that correlate with technical, based on my valuation this company is undervalued with real value around 110$.
BABA looking thick like snickersAlways the best time to buy baba on these dips... people are going to be looking for any extra way to make some extra income and baba has always been a staple piece for many Americans. Its hard to say long but a rebound back to the $97 area is inevitable.
BABA AnalysisPrice played out exactly as analyzed last week. Price bounced off the bearish POI at 85.00 and went lower from there, taking out the lows at 73.28. From here, I'm expecting a bullish retracement to fill the fair value gap at 79.79.
The most important pattern in stocks This is a remake of a previous video about a very important chart pattern seen on every time frame - from multi decade rallies to intraday trading charts.
Learning and identifying this pattern is important to avoid getting caught on the wrong end of a market cycle.
Baba short updateNot really gna explain much if you been keeping up with my post you know I've been shorting baba for months now check my previous posts.. I'll be adding more sell positions to my trade my next target is 50$ for baba... See you there.
BABA - ready for a riseAs RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position.
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).
BABA Long PositionAlthough the trendline is downward sloping, the Golden Cross, the bullish MACD and the RSI on the rise may be signs of a temporary bullish reversal.
A long position for when the price breaks breaks above the trendline and retests at the support is recommendable.
BABA AnalysisPrice is playing out as analyzed last week. Price is currently mitigating the bearish POI at 85.00. I'm expecting this POI to hold and price to continue lower.
Might come close to the 81 mark (Update)28 September - BABA might hit 81 before turning around if the overall sentiment stays bearish .
3 October - BABA hit almost exactly at 81 and then moved down. Appears to still be somewhat bearish and still testing the 81 resistance however if it stays above the top trend line that might become the new temporary support support until one of the other two horizontal lines are consistently broken. Look to see overall short trend before directional bias is assumed.
Might come close to the 81 markBABA might hit 81 before turning around if the overall sentiment stays bearish.
BABA short term bullishweekly falling wedge, deviation from 20/55 week EMA, bullish divergence in week RSI, double bottom.
short term: 100
percentage: 33% increase from current price
Long Term InvestmentI've been watching China stocks for years, I think Alibaba is a good value here.
Check out that weekly chart, prices no longer able to touch the bottom of the range. I'll be buying the close of this weeks candle if it stays looking like this.
This Friday marks the close of the day, week, month, and quarter. So some big technical closes coming up.
BABA AnalysisPrice did not play out as analyzed last week. The bullish POI at 90.17 has been invalidated and the order flow has changed again. Right now, the daily timeframe is continuing its downtrend. I'm expecting price to do a bullish retracement into the bearish POI at 85.00 before continuing lower.
BABA - Wyckoff accumulation patternNo one knows what will happen, but so far this is textbook accumulation pattern according to Wyckoff. Spring next??
BABAI think it is going to fall into 75.85 for the upside I fell if it can break the downtrend 94.39 then go up to 100.25 if it don't get stomped out
BABA Long Swing IdeaBABA has returned to the demand zone within a large range measured between $73.28 and $126.27. It is currently completing a price consolidation within a larger falling wedge at area as well. This is great area to start averaging in a longterm position in addition to the trade idea presented below. Ideally I want to enter trade when stock price drops between $74 and $77. If not, I may wait for an official uptrend to begin, creating a higher high and break & retest of the $86-$88 zone.
Trade Idea: Options (Call Contracts)
***$100 Call Strike - Expiration 12/16/22***
Premium = 2.68-2.77 (Discounted price of the stock per share offered within a 100 share contract) ($268 to $277 per contract)
Volume = 862 (Number of contracts currently traded)
Open Interest = 20k+ (Number of Contracts currently held)
Theta = -$3.79 (Dollar amount of premium loss per day)
Delta = +$24 (Dollar amount of premium gained or loss per dollar change of the underlying stock)
***105 Call Strike - Expiration 12/16/22***
Premium = 1.94-2.02 (Discounted price of the stock per share offered within a 100 share contract) ($194 to $202 per contract)
Volume = 101 (Number of contracts currently traded)
Open Interest = 12k+ (Number of Contracts currently held)
Theta = -$3.30 (Dollar amount of premium loss per day)
Delta = +$19 (Dollar amount of premium gained or loss per dollar change of the underlying stock)
***110 Call Strike - Expiration 12/16/22***
Premium = 1.43-1.50 (Discounted price of the stock per share offered within a 100 share contract) ($143 to $150 per contract)
Volume = 2.2k (Number of contracts currently traded)
Open Interest = 13k+ (Number of Contracts currently held)
Theta = -$2.83 (Dollar amount of premium loss per day)
Delta = +$15 (Dollar amount of premium gained or loss per dollar change of the underlying stock)
Stop Loss = Stock Price Close below 73.29 (or Price hit $70)
BABAfalling down in my trend it broke my 88.49 I'm looking for it to retest that area again if it falls throw I'm looking for it to go 76.92
for the upside I will see if it pushes thru the 88.49 level in push up to 99.18
Baba So I’ve been charting baba adding to it any time it hit 87$ support. We’ll this large symetrical trinagle idea has now been broken and daily candle below. On smaller time frames we came back up and backtest as reistance cureently. I am not enjoying seeing this price action which leads me to be alive this is a confirmed breakdown occurring. This can show us a larger move down could be gearing up. We need to keep a close eye on 88$ level but I am closing 75% my postion I have been adding to lower my risk here.
BABA AnalysisPrice did not play out as expected last week. I was expecting price to bounce off the bullish POI at 91.93. However, note that price is still well within the main bullish POI at 90.17 where price could mitigate and rally from here, in confluence with filling the fair value gap at 86.73.
