Alibaba - A remarkable reversal!🛒Alibaba ( NYSE:BABA ) reversed exactly here:
🔎Analysis summary:
Recently Alibaba has perfectly been respecting market structure. With the current bullish break and retest playing out, there is a very high chance that Alibaba will rally at least another +20%. But all of this chart behaviour j
Key facts today
Alibaba's shares rose 8% following Nvidia's restart of H20 GPU sales in China, expected to boost Alibaba's cloud and AI services impacted by U.S. chip export limits.
Alibaba's American Depositary Receipts (ADRs) increased by 8.1% to $116.97 after the U.S. government eased AI chip export restrictions, benefiting major Chinese tech stocks.
Alibaba is settling $433.5 million with investors over claims of misleading them about regulatory risks tied to Ant Group's failed IPO in 2020, with payouts expected in 8 to 12 months.
0.19 BRL
100.60 B BRL
774.21 B BRL
About Alibaba Group Holdings Ltd.
Sector
Industry
CEO
Yong Ming Eddie Wu
Website
Headquarters
Hangzhou
Founded
1999
ISIN
BRBABABDR005
FIGI
BBG00Q8HR0K4
Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.
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$BABA 160+ before year end looks realistic thanks $NVDA- NASDAQ:NVDA export ban lifted for China will be beneficial for NASDAQ:NVDA for sure but main advantages would be for NYSE:BABA as they can get the shovels from the shop as well so that they can compete in Gold Rush and compete with NASDAQ:GOOGL , NASDAQ:META and other private companies l
BABA – Dollar Cost Averaging Opportunityhi Traders,
Let's have a look at BABA.
Alibaba (BABA) appears to be approaching the end of its correction phase within a well-defined ascending channel. Based on the current price action and technical setup, we believe now is a good time to begin dollar cost averaging into this stock.
Our identif
Alibaba | BABA | Long at $108.84Like Amazon, I suspect AI and robotics will enhance Alibaba's NYSE:BABA e-commerce, logistics, and cloud computing operations. There is some risk here, like other Chinese stocks, that they could be delisted from the US market if trade/war tensions rise. But I just don't think that is likely (no m
Alibaba (BABA) – Bearish Setup FormingNYSE:BABA
A descending triangle is forming on the chart, with strong resistance around $118 and horizontal support near $102. The structure suggests a potential breakdown, targeting a move of ~−9.8%.
Key observations:
• Price rejected from the descending trendline multiple times
• Stochastic tur
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Neutral
SellBuy
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Neutral
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Neutral
SellBuy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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