$BABA On support. Buy opportunityAdded some Alibaba on support for a move to $85 If support is around $72 Stop loss on a close below $70Longby KoosKanmar2
$BABA: 80 Might Be DifficultBABA is showing a great deal of relative weakness into market strength and it might be a sign this isn't quite done with the selling yet. If FXI can keep heading up it may be able to pull this up but as of right now I have to consider potential weakness around this area.Shortby Fox_TechnicalsUpdated 334
Alibaba (BABA) fireproofAlibaba has been battered since the real estate market and China's economy in general took a hit. MFI (RSI+Volume) and MACD showing some divergence in the monthly chart, showed in the arrows. The price is below the key VPVR price and in a support zone (white area). If you like the business, this seems like a good time to buy.Longby outbreeak221
A bounce in BABA stock price?Alibaba Group Holding Ltd's stock (symbol 'BABA') might recover in the next few days if Chinese shares generally move up. BABA has lost around 25% of its value since the end of July and dominant oversold conditions with relatively strong financials might bring some positivity. The outlook for demand seems overall neutral rather than negative and earnings per share are expected to increase this quarter. The most important data coming up this week are NBS and Caixin PMIs on Thursday and Friday.by Exness_Official1
BABA AnalysisI had 2 expectations for BABA in my last analysis as price is in the equilibrium level. The bearish scenario played out well, giving us a -8.94% move to the downside. Price is currently respecting the bullish OB and is showing signs of bullishness. I'm expecting price to rally from here, to fill the FVG created during the recent earning dump, and potentially into the FVG at 92.95.by Keeleytwj226
#BABA#Comprehensive Analysis of Alibaba Group Holding Limited (BABA) 1. Current Status and Performance 📈 According to the latest data, BABA has returned 30.45% over the last 12 months, outperforming SPY's -13.92%. This performance has earned it a B (65.87%) composite rating. 2. Financials 💰 Alibaba's financials show earnings per share of 359.9319 and net income per share of 52.1843. operating cash flow per share is 83.9175 and free cash flow per share is 83.9175. the company has cash per share of 225.9591 and book value per share of 407.2119. the company's debt-to-equity ratio is 0.161, which indicates that the debt-to-equity ratio is moderate. is at a moderate level. 3. News and Market Sentiment 📰 Recent news reports indicate a mixed outlook for Alibaba. Despite strong Q2 FY2024 results, Alibaba shares fell more than 10% on concerns about sluggish growth in its cloud computing unit and internal management issues, including the sudden departure of CEO Zhang Chaoyang. The cancelation of the cloud division spin-off and co-founder Jack Ma's reduction of his stake in the company also worried investors. However, I recommend investors consider Alibaba's overall revenue and net profit growth and give the new management team time to prove their effectiveness. 4. financial results 💵 Alibaba Group's December 2022 financial results showed double-digit year-over-year growth in adjusted EBITDA and free cash flow despite the challenges of the COVID-19 outbreak. The company plans to focus on consumption, cloud computing and globalization as key strategic pillars, with CEO Zhang Chaoyang becoming acting president of Aliyun to drive the cloud strategy. Alibaba sees tremendous growth opportunities in these areas, particularly in China's consumer market and IT spending. 5. Future Outlook 🚀 Alibaba Group is focusing on consumption, cloud computing and globalization as key strategic pillars. The company sees tremendous growth opportunities in these areas, especially in China's consumer market and IT spending. Alibaba CEO Zhang Yong became acting president of Aliyun to drive the cloud strategy. Despite the challenges of the COVID-19 outbreak, Alibaba Group achieved double-digit year-over-year growth in adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) and free cash flow for the December 2022 quarter. 6 Conclusion Alibaba Group Holding Ltd, whose shares fell on concerns about sluggish growth in its cloud computing unit and internal management issues, reported double-digit year-over-year growth in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) and free cash flow for the December 2022 quarter. The company plans to focus on consumption, cloud computing and globalization as key strategic pillars. Combined with technical analysis of the current BABA is in a daily level of the classic Falling Wedge, combined with fundamental information to see there is still a certain downside risk, short-term need to focus on the S1 support situation, if the S1 successfully stabilized, and rebound breakthrough 88 $ resistance zone, then Falling Wedge was established, above the T1 target level! See 100~105 range. As with any investment, it is critical to consider all factors and conduct thorough research before making a decision. It is also important to consider your investment objectives and risk tolerance. by TradingMaestro92
$BABA - Can it see a reversal?NYSE:BABA Alibaba is trading inside a descending wedge. The stock bounced from the lower trendline of the wedge and has a potential for further upside. Upside targets: $84 $88 $92 Downside risk: $74Longby PaperBozz115
🚀 Alibaba - Inverse Head and Shoulders🚀 Alibaba - Inverse Head and Shoulders ✅ TP1 - 120$ ✅ TP2 - 180$ ❌ Stop - 77.77$Longby AnonymousTraderAcademyUpdated 2214
$BABA - Levels to keep an eye onBABA was sold off quite aggressively after results and is once again trading at the bottom of its recent range. The levels that need to hold are 77.38 and then 74.00. Previous swing lows are all the way lower at 57.60. Upside target is still the top of the sideways channel, 121.00Longby Trad3r_161
Waiting for pullback to accumulate AlibabaHere is the link probably for those based in Asia and can buy Alibaba shares. From its low of 57 dollars, it has bounced back more than 100% to its current price of 115 in less than 3 months. It is written on the wall that the tech sector regulations in China is over and a new chapter has begin in 2023 onwards. The Central government will now have a stake in these tech giants in a way to control their monopolistic behaviour. The platform business, e-commerce, live commerce, internet related sectors are all too important in China and it is only in the interest of China to continue to invest and grow this sector exponentially. It could be the first sector to pull China out of its doldrums and spearhead its bearish GDP figures last year. Now, with the travel ban lifted up, we will witness the hospitality sectors picking up the lowest hanging fruits. Do not forget, bookings of flights , hotels, payment gateway are all digitalised now so those operators behind these industry like Alipay, Tencent, Trip.com, etc will be the main beneficiaries. So, I will be accumulating shares of Alibaba (9988) since I am based in Singapore slowly this year. Please DYODD.Longby dchua1969Updated 225
Long on BABA BABA has broken out of a descending wedge and had a retest of support with bullish RSI divergence. Stoploss at last swing low and will be moving SL to BE when safe to do so.Longby jason_rpprtUpdated 332
$BABA Double Bottom Weekly Chart in Sight--- ### Stock Analysis Update: Alibaba ( NYSE:BABA ) Approaching Double Bottom on Weekly Chart #### Potential Double Bottom Formation for Alibaba Investors tracking Alibaba Group Holding Limited ( NYSE:BABA ) should take note of a significant pattern forming on its weekly chart. The stock is approaching what appears to be a double bottom, a key technical pattern often associated with potential trend reversals. This pattern is identified by two distinct low points at a similar price level, separated by a moderate peak. #### Key Level to Watch: $77.77 The critical level that defines this potential double bottom for Alibaba's stock is $77.77. This price point is where the two lows of the pattern are formed, serving as a pivotal level for future price action. I have set an alert for this price, closely monitoring the stock's movement as it approaches this key level. #### Strategy Going Forward: Starter Position Upon reaching or nearing the $77.77 level, the plan is to initiate a starter position in $BABA. This approach involves entering a smaller, initial investment, which allows for capitalizing on the potential upward reversal indicated by the double bottom pattern, while also managing risk. #### What a Double Bottom Could Mean for NYSE:BABA If Alibaba's stock indeed forms a double bottom at $77.77, it could indicate a bullish shift in investor sentiment. This pattern is often seen as a signal that the stock has found a strong support level and may be poised for a rebound. However, it’s crucial to await confirmation, typically seen as a significant move upwards from the $77.77 level, before considering it a firm bullish signal. #### Investor Caution and Monitoring As with all technical patterns, it’s important for investors to combine this observation with other market analyses and indicators. Setting a starter position allows for participation in potential upside while maintaining a cautious approach, ready to adjust based on further market data and the stock’s performance. Longby AlgoTradeAlert2
Is it finally a good time for BABA?I think that BABA has formed and inverse ascending triangle and it is at the last phase of its corrective painful phase.Longby Lachone111
BABA is really taking it's timeBABA is slowly accumulating inside the yellow channel. Once it decides to move should be explosive. The purple box will be the next support. 🧲Longby Magnet8881
aaai #BABA needs to hold here - results 16thAlibaba still making higher swing lows on the daily. We recently broke out this falling wedge but have come back to retest the breakout. Important level to hold if the bulls want further upside. Results on 16th November could be a catalyst for a larger moveLongby MarcoOlevano5
Can Alibaba double from here?The Chinese MNC had displayed its last big impulse move in Oct.2022.In this move(labeled wave 1) the Chinese giant gained 106% between Oct.2022 till Jan.2023. Between Jan.2023 to May 2023 the stock got into wave 2 correction and corrected 61.8% of the wave 1 rally(the correction was an Elliot wave zigzag). The stock displayed a bit of strength again on the completion of the Zigzag and managed to get a leading diagonal as the first leg of the bigger Third wave that is now anticipated of the stock. The stock currently is at 80%retracement of the leading diagonal and 77.77$ level is a crucial support for the stock. The current corrective phase seems to lack one tiny leg to the downside(wave c of Z) and as soon as that is achieved the stock should only look North then from here all the way till 160$ mark. Note*- The chart is based on personal observations/opinions. Kindly do your own research before taking up any trade.Longby neeraj_2_sharma101010
BABA, I changed my mind!I wrote earlier that I was going to take a loss on my BABA jan Calls. Just as I was going to trade out of it, I took another look - here's my conclusion. Hard stop at 80.19 not a penny less otherwise I am keeping my position - STILL BULLISH!by ronposit6
BABA : Sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candle.Thanks!Shortby PAZINI192
BABA: sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the support line by a big red candle with a large red volume.Thanks!Shortby PAZINI194
Will Alibaba return to its glorious days of 2015?If you have forgotten how Alibaba make its heydays in 2015, read here . Thereafter, two years later, the stock price simply rocket up its way from a low base of 56 to a superb high of 320 in 2020, a mere 5 years period. Moving forward, I believe more upcoming unicorns especially from China will take even shorter periods , maybe 2-3 years to make this kind of huge returns. The property market has been causing much unhappiness among the people of China despite the government announcing measures to prop it up (interest rates cut, lower downpayment,etc) Still, the people are hesitant and everyone is sitting on the fence hoping for more and better incentives from the government. From the weekly chart, we can see multiple support at 81.58 price level , beginning from March 2022. It has been going sideways for more than 18 months without giving its investors much hope of a rally. But now, we are again near the end of the bearish trend and there lies a possibility of yet another breakthrough. Or, it could revisit the next support at the 56.66 price level. I believe a bottom is nearing and I will be buying on weakness and pullbacks. Please DYODDLongby dchua1969Updated 2214
$BABA is building a figure for the future longNYSE:BABA shows a half-arranged shoulders for the next long line up. Potential is to get 100% additional value from the investments to this company within a year. NYSE:BABA ::96.09->189::+100%::End of 2023. Does not constitute a recommendation. #investing #stocks #idea #forecast #furoreggs Please, subscribe and challenge my point of view )Longby furoreggsUpdated 1110
BABA: Buy ideaOn BABA we have a buy idea as you see on the chart because we have the breakout with force the resistance line and the vwap indicator by a big green candle with a large green volume.Thanks!Longby PAZINI192
BABA: Buy ideaBuy idea on BABA as you see on the chart because we have the breakout with force the resistance line by a big green candle with a large green volume.Thanks!Longby PAZINI19225