ALIBABA downtrend finally broken It has been a really rough year for Alibaba. It was straggling to get out of that 12 months downtrend. It is finally out of downtrend. There is a small resistance around $90 zone, once we break that, $103 will come so fast. I tried to make the chart so simple so everyone can understand. You are welcome to argue but pls be respectful. Enjoy
BABA trade ideas
Alibaba Analysis 30.11.2022Hello Traders,
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Covered call on BABA againBAG HOLDING on this one for sure. But I do believe the bottom is in. IT SHOULD BE. Looking to continually lower my dollar cost average by chipping away. I actually wouldn't mind being called away at $120!
Could be a GREAT trade, even if you are new to getting into this stock. I sold the January expiration and got filled at $1.20
Alibaba Play with a Monsterjust made this chart to show you how it's easy to predict normal Strong Stocks in comparison with Cryptos.
Everything is just matter of time and patience, buy at the good time, and not be too greedy on your % returns.
Alibaba is a giant, it's very difficult to lose money for a long term investment..
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Trading Parts :
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Buy Zone : 210$ ish
Tp1 - 260$
Tp2 - 275$
Tp3 - 295$
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Happy Tr4Ding !
BABA, 10d+/-35.28%falling cycle 35.28% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Options Ahead of EarningsLooking at the BABA Alibaba Group Holding options chain ahead of earnings, i would buy the $85 strike price in the money Calls with
2022-12-16 expiration date for about
$3.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
ALIBABA downtrend finally broke aboveALIBABA downtrend finally broken. Alibaba managed to break above that huge wall that we had around $75. Now we China ease and decent earnings, i can see Alibaba shot up to $103 area in a short time. Made this chart as simple as I can for other to understand. All disagreements are welcomed :)
$BABA - potential breakout from down trend channel #BABA has been in down trend channel. It is currently breaking out of shorter timeframe descending wedge inside the long term downtrend channel. Price breaking above $73.50 is bullish.
Target 1 - $80
Target 2 - $87.50
Target 3 - $93
Stop loss - $68
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
"Bottom fishing BABA"? wait a sec
This is the day that I started to say short BABA at highs, Oct 28th
Even today, after Chinese tech names rebounded from the lows, still worse than what I expected. I hope its clear enough on my chart.
Just simple research, you will see a lot of analysis saying that "BABA is The Time For Bottom Fishing" or "Alibaba Stock Could Potentially Double In 2023". I never doubt for BABA's efficiency or its fundamental. Something that makes me truly worried about is China's political environment. Even China change its zero-COVID policy, does that will make company like BABA better off in China? I am still question that.
As old says, the market doesn't care who you are, how smart you are, what degrees you are, how much money you have, how highly you are placed socially. The market will do whatever it "wants" to do, rewarding lavishly those who surrender to it, yield to it, and follow it, and punishing severely those who argue with it, fight it, and go against it. There are still a lot of analysts saying to "bottom fishing" BABA, if this is real Bottom for BABA, or risk free area, I will put every single penny in my pocket into this trade. Will they do as what I said? Possibly No.
Therefore, nothing needs be worried about here, I will keep SHORT the highs.
BABA butterfly I think I said back in 2021 I'd buy BABA under 70. People laughed at me at the time not thinking it'd go to 70. The way the market works, people will probably laugh now when I say it because it's down under 70.
Butterly pattern. Gives tight stop area and is how a lot of lows are made.
$BABA OversoldAli Baba is being under intensive sale. Almost 2 years of downtrend has pulled the prices to demand level.
At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company.
For now expecting a pullback as a reaction to 72% decline.
The more it falls, the move powerful will be a movement to opposite direction.
BABA bullishReally hard to not love BABA at these levels, especially looking longer term. If US markets to continue their bearish path, I'm not sure that baba would decouple from that sell pressure; however, it should be noted we are at generational support and its worth picking up some stock or leap calls. I think we should see some significant upside from here in time.
$BABA 2nd entry 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
1st Entry: $90
2nd Entry: $82.5
Take profit: $180
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Where will BABA go today?China Markets Rally After Unconfirmed Social Posts on Reopening. Chinese stocks roared back from a rout and the yuan strengthened as speculation mounted that policymakers are making preparations to gradually exit stringent Covid restrictions.
The Hang Seng Tech Index jumped as much as 9.3% Tuesday, while a stock gauge tracking Chinese companies listed in Hong Kong rose more than 6%, bouncing back from its lowest close since late 2005. The CSI 300 Index of onshore shares gained more than 3%. Stocks extended gains in the afternoon as an unverified social media post circulated online that a committee was being formed to assess scenarios on how to exit Covid Zero. The advance comes after a heavy bout of selling following the Communist Party congress, where President Xi Jinping’s power grab led to expectations that Covid Zero and other market-unfriendly policies will likely persist. “I think the market’s reaction shows how much anticipation there has been for the reopening in the market,” said Hao Hong, partner at Grow Investment Group.
Tuesday’s stock market gains were led by reopening names, including travel companies. To be sure, markets have rallied on such speculation in the past as well, only to be left disappointed as China continued to pursue Covid Zero. The nation has been doubling down on its zero tolerance approach on Covid following the Party congress, locking visitors to Shanghai Disneyland and spurring an exit by workers at Foxconn Technology Group’s plant after hastily-imposed restrictions. Still, the extent of market reaction based on the speculation underscores how strongly investors have been yearning for a pivot from Covid Zero.
I would like to say, today it is very likely that "BABA" will open up high, and make a shooting star Doji on daily chart. What I had draw on my chart are the best scenario for BABA, so far BABA goes even worse than what I draw on my chart. Today's pre-market high can not make changes about this company's fundamentals or what they will facing in the future. Therefore, I am still insist about What I said before.
BABA's downtrend moving is not END! We will see.
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