$BABA watch this areaNYSE:BABA Watch $77 to $78 critical support area. 👀If that breaks, things are not going to be pretty. Losing VWAP and 200DMA support is worrisome!
BABA trade ideas
BABA - A potential setup for a swing tradeRemain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Alibaba - Don't forget chinese stocks!Hello Traders and Investors, today I will take a look at Alibaba.
--------
Explanation of my video analysis:
Back in 2020 Alibaba stock created a textbook breakout of an ascending triangle formation which was followed by more continuation towards the upside. Then Alibaba stock topped out in 2021 and we saw a massive decline of -80% from the previous highs. At the moment Alibaba is still in a very bearish market but there is a chance that we will see a reversal in the near future.
--------
Keep your long term vision,
Philip (BasicTrading)
BABA : Added 2 positions summing upto about 1.25% of the capitalFundamentals:
The stock appears deeply undervalued, with promising growth prospects driven by a substantial population of middle-aged individuals in China who could potentially become Alibaba's customer base. Notably, within China, Alibaba enjoys a monopoly, and although there is a decline in revenue, the increasing cash flow is viewed as a positive sign. This positive trend in cash flow, as opposed to declining revenue, is reassuring.
While trade tensions between the US and China persist, particularly given global circumstances, the expectation is that these tensions will gradually settle. It's crucial to note that Alibaba's primary focus is on the Chinese market rather than the rest of the world. Notably, the involvement of notable investors such as Michael Burry and Charlie Munger adds credibility to the stock's potential.
Charlie Munger, despite acknowledging a relatively high purchase price, believes that the risk is justified by the potential reward, especially if acquired at a fair valuation. Presently, the stock price is significantly lower than when Charlie initiated his positions. Despite risks associated with geopolitical tensions, issues involving Jack Ma and the Chinese Communist Party, and the potential for delisting, the overall upward potential, both fundamentally and technically, is deemed to outweigh the risks.
Technicals:
Having made two entries at various levels, the total position size currently represents approximately 1.25% of the total capital. There's a consideration to increase the position if the price falls to the all-time low levels indicated within the chart. Anticipating a minimum upward movement of about 60% from the current average levels, the technical analysis supports a favorable outlook for the stock.
longCan we see a big move up on alibaba? We should watch if this can do a retest to the support zone
BABA - Testing previous resistance, will it turn into a support? BABA Testing previous resistance, will it turn into a support and be bullish for the rest of 2024?
Alibaba long set upAlibaba is curently testing a trend line.best possible entry is in the golden box.Alibab is reversing the downtrend at the moment in my opinion.Long term play against inflation.
Alibaba also seems severely undervaluedAlibaba looks to be a severely undervalued stock, however I am aware of the risks and the Chinese govenrment.
I think that the risk is worth the potential returns.
Everything I see in stores in Europe comes from Alibaba. More and more people I know are importing via AliBaba.
Alibaba - Trading opportunity is finally there!Hello Traders and Investors, today I will take a look at Alibaba .
--------
Explanation of my video analysis:
Almost a decade ago Alibaba stock retested a strong support at the psychological $60 level and reversed significantly towards the upside. Just a couple of months ago Alibaba stock once again retested this support and created an anticipated reversal. If Alibaba stock actually manages to break above the current resistance trendline, we could maybe see a similar rally like we saw in 2015 and the following years.
--------
Keep your long term vision,
Philip (BasicTrading)
BABA: Set for a Bullish Reversal, Potential Gains Exceed 50%?Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA !
On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this matter? Well, it's a clear sign of increased buying interest and strong market conviction behind the price movement. And wait, there's more good news: the MACD indicator is showing a bullish divergence, hinting at a potential reversal. So, what's the forecast? We're looking at a potential upward swing to close the gap near our first target at $117.89. After that, we might see a slight dip to the yellow zone before it continues its rally towards our second target at $165.
It is essential to note that the analysis will no longer hold validity once the target/support area is reached.
Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Alibaba Group Holdings Ltd."
Please support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below
BABABought some LEAPS in BABA based on founder sentiment and price action. Hoping for a little more selling off so that I can pickup more contracts around the $60 range.
Technical ResistanceThe profit entry point should not be lower than the price of 86.63. Therefore, if the opening price is lower than the anticipated price, it is not advisable to enter for profit on the upward leg.
Break down on technicals for Alibaba near historical lowsHi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long.
Analysis done on 1 week, indicating a macro analysis.
Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020.
Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance zone with a REJECTION.
Bringing us to our current price action where we have managed to maintain a HIGHER LOW.
This supports the idea that perhaps trend is shifting towards BABA wanting to move UP.
Notice also the Blue, Green and Purple Moving averages, Flattening out. This can be an indication that price is showing demand after moving averages moved down so much from the highs.
look for curve up in MA with crosses happening. This would be significantly supportive of probabilities we see Uptrend.
Essentially the order from top to bttom we want to see is:
1. Purple on top
2. Green next
3. Blue below that
4. Red below all
This is an indication of a Bull cycle. As you can see blatantly in previous history.
Notice also Volume which has been steadily increasing since 2019. Maintainence of Higher lows on Volume is also a good sign, that perhaps BABA may rally if we continue this volume trend.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on BABA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
BABA Alibaba Group Holding Limited Options Ahead of EarningsIf you haven`t bought BABA before the previous earnings:
Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA is now Uptrend and BullishBaba has been hovering sideway since DEC 2023
Last 2 weeks triggers 2 Slow Turtle Buy signals.
This time, the signal appears above EMAs which indicating Bullish.
20x50 EMA Golden Cross also detected indicating Uptrend (Notice that price structure starting to form Higher Low and Higher High).
MCDX Retailer is now 0% insignificant seller while Banker Spike crossing above lowest point of Retailer (Dec 2023) is a good sign of Bull Rally.
Alibaba (BABA) coiling like a springBABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore.
Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside NASDAQ:PYPL , with a chance of it retesting $84 in the future.
The Share Price of Alibaba (BABA) Has Reached Its Yearly HighThe Share Price of Alibaba (BABA) Has Reached Its Yearly High
On 14 May, Alibaba released its first-quarter performance report:
→ Earnings per share: actual = $1.404, expected = $1.421;
→ Gross income: actual = $30.716 billion, expected = $30.502 billion.
The fact that earnings per share were slightly below expectations did not disappoint investors much, as on 16 May, Alibaba's share price (BABA) reached a yearly high, exceeding $86, forming a wide bullish candlestick with a close near the top (a sign of strong demand).
Positive sentiments were also driven by:
→ Another Chinese company, JD.com, released a report that exceeded expectations;
→ US regulators published information that well-known investor Michael Burry invested in Alibaba shares. David Tepper, head of the hedge fund Appaloosa Management, also holds a bullish outlook;
→ According to a note published on X (Twitter) by Citron Research analysts, Alibaba's share price could rise to $100.
According to the technical analysis of the BABA share chart:
→ The price broke upwards from a narrowing triangle (shown in red lines) – this is a bullish sign;
→ In April, the price did not reach the lower boundary of the triangle at its lowest point – this confirms strong demand;
→ The purple rectangle can be seen as the range in which large hedge funds accumulated BABA shares;
→ Extending the height of the rectangle upwards from its upper boundary, we get a resistance level of $87, which is where the current quotation is located.
It is also worth noting that the psychological level of $100 per BABA share acted as resistance last summer.
Given the above, it is reasonable to assume that BABA's share price could form a significant rally in the long-term with short-term corrections.
According to TipRanks, the average forecasted price for BABA shares in 12 months is $105.13.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Alibaba Stock Soars 7.56% After Strong JD.com ResultsAlibaba stock ( NYSE:BABA ) saw a 7.66% gain in afternoon trading on Thursday, thanks to a revenue beat from JD.com. Despite the slight revenue boost, Alibaba's earnings and revenue growth accelerated slightly from the prior quarter, up 13% and 2%, respectively. On an adjusted basis, Alibaba ( NYSE:BABA ) earned $1.40 a share, down 10% year over year, while revenue edged higher by 1% to $30.7 billion. The company announced a two-part dividend, including an annual cash dividend of $1 per American depository share and a "one-time extraordinary cash dividend" of 66 cents per ADS, totaling $4 billion.
In late March, Alibaba ( NYSE:BABA ) abandoned plans to list its logistics arm in Hong Kong, but the news did not lift Alibaba stock ( NYSE:BABA ) out of its downtrend. The cancellation of the listing poses more challenges to a restructuring plan announced last year by Alibaba ( NYSE:BABA ), which would have split the e-commerce giant into six separate companies.
NYSE:BABA stock rallied sharply on February 6 after the company reported fiscal Q3 revenue of $36.7 billion, up 2% from the year-ago quarter and slightly above the $36.16 billion consensus. However, adjusted profit fell 4% to $2.67 a a share. Investors also liked the fact that Alibaba ( NYSE:BABA ) added $25 billion to its share buyback program through March 2027.
Alibaba stock ( NYSE:BABA ) plunged in mid-November despite reporting an 18% rise in quarterly profit and a 6% increase in revenue. The company surged on Jan. 23 on reports that co-founder Jack Ma and business associate Joe Tsai have been buying shares of NYSE:BABA stock in recent months. In September, Alibaba ( NYSE:BABA ) came under selling pressure after outgoing CEO Daniel Zhang unexpectedly stepped down as head of the company's cloud business.
Alibaba stock ( NYSE:BABA ) surged above its 200-day moving average on July 7, following Chinese regulators fined the company's financial arm, Ant Group, just under $1 billion. In April 2021, Alibaba ( NYSE:BABA ) was hit with a $2.8 billion fine in an anti-monopoly probe. However, after three years of regulatory scrutiny, optimism is building that Beijing is close to ending its crackdown on tech firms. In March 2023, Alibaba ( NYSE:BABA ) announced plans to separate into six separate units, each with the ability to raise outside funding and even pursue an IPO. The company is likely to maintain its cloud/artificial intelligence business and giant e-commerce operations.
In April 2020, China regulators fined Alibaba ( NYSE:BABA ) $2.8 billion after an antimonopoly probe. At the time, it appeared that Alibaba stock ( NYSE:BABA ) was ready to break out of a downtrend but got turned away at its 50-day moving average. It tried to rally above the 50-day line again in late April but sellers knocked the stock lower again.
According to recent reports, Alibaba ( NYSE:BABA ) is expected to earn $7.98 a share in fiscal year 2025, down 7% compared to fiscal 2024. For fiscal 2026, earnings are expected to rise 14% to $9.07 a share.
[long-term] 200% profit expect BABA Price PredictionBABA Price Prediction
Welcome to this updated analysis on BABA
Let’s get right to it!
This information is to be used for educational purposes only
TRANSPARENCY Strategy
BABA: Sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the support line and the vwap by a big red candle.Thanks!
a monthly price action after hour update - alibabaGood Morning and I hope you are well. A quick one on #baba
Alibaba
comment: Last time I wrote about Baba I said this
"medium-long term: Sideways until no lower lows and consecutive bigger bull bars without an immediate selloff the next days"
The stock found it's bottom and points upwards. Many tails around the 68/70 area below and big bull bars now appearing. The monthly 20ema will most likely be hit soon, where I expect a pull-back to then break above to the 100$ level again. China is printing again and from a technical perspective the stock has seen the worst days IMO. Can see 120 over the next 6-12 months again. Where you put your stop? Probably 80 or you want to hold for longer term and scale in lower.
current market cycle: trading range
key levels: 63 - 120
