IS ALIBABA FOR SHORT OR BUYhello friend its a probability if you understand price go with small qty.....
BABA trade ideas
Long term All currencies overview Hi guys John the forex guy here alias name of course. Today's Lesson is a bit broad if you watch the video one of the key things you'll learn is that stacking the odds in your favour will save you from going broke. In this case we're testing out trading for 1 year with a minimum of $666 and only risking $20 on each trade, minimum target should be /is $30.
This means in order to blow your capital you need to lose 33 trades in a row losing $20 and mind you, you will only be looking at 28 pairs taking one trade on each pair a year sometimes a pair will not give us a trade for 2 years. These are long term trades hence whenever I open a trade I know I will be holding my position for weeks to months, sometimes I get lucky and my profit target hits quickly.
If you're still reading this means you're really keen on learning that's good, Now as you might've noticed this strategy allows you time away from the markets to be profitable you don't need to be glued to the markets everyday, only check certain pairs when certain conditions are met which usually take months to years. Now this means means you can pursue another career and still be a profitable trader Take this as your retirement plan not a get rich quick scheme you will see your account grow from $666 to a lot of money but only going for long term trades.
DISCLAIMER: I am not a financial advisor I am simply a retail trader sharing my opinion on how to be profitable in the long run trading the markets
WEEKLY ANALYSIS ON ALIBABA STOCK hello friend lets see how we should plan on this stock for this week market is look like positive or what??
Baba The PainI mean what can I say about this stock, Long term holders are just in pain every single day
Well today is the earning and unfortunately I do not see any recovery BUT IT'S MY OPINION
We are at resistance which can be broken anytime with a little push, So once if it closes below 81, it is confirmed that it's going towards the blue weekly 61.8% retracement towards 70.
Last time it touched the long term trendline around 78 and bounced, this time I believe trendline is not a support anymore. Support is at around 65-70.
If you have any questions on the chart, pls feel free to ask me.
$BABA has capitulatedInvestors have capitulated on $BABA as seen by the huge volume spike. Alibaba is a solid company with lots of growth, and massive negative debt. It won't go bankrupt with how much cash they have and negative debt. As Peter Lynch would say, going bankrupt without debt is impressive.
This downfall has mainly been caused by a scare of anti-monopoly regulations and lockdowns in Shanghai. In all honesty, I believe this is nonsense, and it will pass with time. I see it as a covid March 2020 dump 2.0
Sure the CCP doesn't want Alibaba to have to much power, but they want this economic growth, and solutions will be found. I think this is a good time to average buys into $BABA for growth in the future.
Alibaba $BABAFilled 1 GAP today, on balance volume is lower, RSI underbought, MACD hasn't flipped over. Lackluster earnings, the stock has room to yellow line GAP fill $63.
Disclaimer: Stratford Research newsletters reflect the research and opinions of only the authors who are associated persons of Stratford Consulting Ltd. The newsletters are for informational purposes only and are not a recommendation of an investment strategy or recommendation to buy or sell any security or digital asset (cryptocurrency, etc.) in any account. The information provided within the newsletters is not intended to serve as the basis for any investment decision and is for entertainment purposes only. Any third-party information provided therein does not reflect the views of Stratford Consulting Ltd. or any of its subsidiaries or affiliates. All investments involve risk including the loss of principal and past performance does not guarantee future results.
Looking for GAP 1 to fill around $160. BABA has been consolidating for awhile now. I'm looking for it to change direction and fill the gap around $161.
Earnings watch 2/24 pre-marketEarnings watch 2/24 pre-market:
BABA
MRNA
NKLA
NCLH
W
DOCN
SIX
EXPI
PLNT
AMT
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
BABA: This Great Bearish Trend will Hit $60 LevelCurrently, Alibaba is moving in an impressive bearish trend. During early March this year, the price has arrived at $80 level. Since then, we can see the price retraced and retested the previous support level and the trend line. In the chart, we can spot a descending triangle pattern, where the price has tested the $80 support level three times, simultaneously with highs getting lower and lower. Therefore, this indicates a strong bearish momentum attempting to push down the price to break the support level.
Currently, we are not preparing any entries because the price is right at the support level. If the price clearly breaks below, then we will resume our plans to continue entering sell positions after a retracement.
Check out our other trend following trading ideas :)
attractive big $BABA spread waiting for volume to playThis will tip it's hat when significant volume comes in
BABA on a firesale Now at $80BABA Such a monster company with huge revenue and sales is getting crushed. It is currently at POC from its IPO days. Example for Throwing Baby Out with the Bathwater Great place to have a starter position
BABA bullish divergenceBABA show bullish divergence in bigger timeframe .let see if it play out then we will break 100$ easily
But SPY is heading down word so if Baba loose 84$ support then our next target is 60$.
So stay ahead and always use stoploss.
BABA baby!I'm thinking the indexes bounce and the baba baby with it. 109 after earnings likely if I'm right, with follow through over a few weeks it could retest 128 area and if it goes nuts, 150, but that's a long shot at the moment.
We Could Retest $85 Support LevelThe overall market looks bearish and BABA could retest $85 and would be a great opportunity to add calls because see many bullish call buying activities with multiple strikes with expiration 05/20 & 06/17.
BABA Ready to GO (Good set up) -We have finally crossed all emas on the ichimoku cloud... Friday being the confirmation candle
-First target will be 81.93
-Second target will be 73.36
