Little short and 1 month at bull waySmall drop of 8.5% in one/two weeks and then rise of 22% in three weeks.
BABA34 trade ideas
Symmetrical TrianglePrice has broken over the resistance line of the triangle which is no support.
Possible stop below triangle or where you see support.
No recommendation.
Borderline overbought with RSI set on 80.
BABA covered call againThis puppy is MOVING and I like it!!! :-) :-) I am in shares, been in them for a while. Bought some more sub $70 and feeling good about it. Only 3 weeks to expiration. I don't get a FULL 1%, but is' $20 higher , it's over earnings and BABA is pretty extended. I wouldn't mind getting called away here anyway, cuz I'm confident I could buy back cheaper.
BABA stock is breaking out the down trend channelIn my personal opinion I am very Bullish in NYSE:BABA stock for many reasons
The Main reason is the financial Numbers are very good and it is considered
one of the cheapest stocks in the World now So it is a good chance to buy more
shares with such low price
In TA view it has already broke out the Parallel Down trend channel on an Important Support zone On daily time frame
and it has retested the support zone and price started to go up.
My Entry zone is between 89 - 92 and the mid term ( 4-8 months ) target is 135
What Do you think about NYSE:BABA in the coming days
$BABA$BABA Hit upper trend line and finished today with a bearish 3 candlestick pattern. We could also be in the midst of completing head and shoulders here too with the left shoulder and head already completed
$BABA update: Up to $125 before a retrace, then $134?Adding to my previous idea- I think these targets might line a bit better.
BABA- down to $99, then up to 134? #technicalanalysis #chart There is a larger inverse fibonacci at play- one which the 618 fib lines with a former price level on the week chart.
On the daily, the price is trading in a channel, where a healthy retrace to the 618 on the non-inverse fib lines with the bottom of that channel.
BABA in a falling wedge (NEW)BABA stock has been in a long-term downtrend.
We're expecting the price to continue droping as it looks like it got rejected from the downsloping resistance line on the weekly timeframe.
What we can see on the chart is a pattern called a falling wedge.
Most likely the price will revisit $60 or lower but eventually we expect the breakout in Q2 or Q3 2023.
How to trade:
Enter long position if/when we get a breakout with a volume increase.
Final target and the take profit level are shown on the chart.
Good luck
BABA will a great breatout. hope to reach 180-200With the unblocking of the COVID 19 in China, the engine is starting working again. Premier Li Keqiang also recently speech to support the internet economy.
In the future, we can foresee that Chinese stocks will have a strong rise. And BABA is leader.
From a skill point of view, it has reached the position where the previous pressure support . As long as it breaks through 120, there will still be a lot of upside.
Hope to reach 180-200.
Financial.Guo
Alibaba high TF reversalAlibaba stock has reached 3 major Cosmic Gravity resistance levels on each of the 1D, 6h, and 1h timeframes. Since the upswing has been going on for some time it is possible to assume that a reversal is likely.
Alibaba stock in chinawe analyze that alibaba stock will be bearish next year due to reducing restrictions due to the Corona pandemic .
we must take care of the resistance made below
we must take of stoploss and take profit targets .
if it likes you dont forget to promote
Qualigen / BABA - worth taking a look!Worth a medium investment for the mid term.
A bit later then usual (okt - dec)!
It's now low cap season and they are catching up the big ones!
And maybe this was a hint?
QUALIGEN THERAPEUTICS INC FILES FOR PROSPECTUS BY THE SELLING STOCKHOLDER OF UP TO 5.2 MILLION SHARES OF COMMON STOCK- SEC FILING
Source: (bit.ly)
NO investment advise by any means :-). Just a hunch!
Expanded Flat almost CompleteTarget 225 by mid-2023
Wait til break above 81 to confirm buy
Near-term downside risk to 57
ALI BABA EXPECTED TO MOVE DOWNSIDEALI BABA : NEAR STRUCTURAL RESISTANCE.
In daily time frame, we can see market is moving in a clear downtrend structure.
The recent lower high is at 125$ which can act as a Major Structural Resistance for the market.
Market is expected to continue its downtrend in upcoming sessions.
If resistance of 125$ manages to hold the market, we can see the levels of 85$ per share in near future.
If Market will break the level of 125$ per share, a new Bullish trend will start in a market.
There are chances market may test the key levels of 85$ in upcoming sessions.
BABA Nears Major Resistance, Short Sell PotentialTake a look at this beautiful chart.
We are looking at the BABA chart on the Daily TF.
Let's start out at the bottom of this chart where you can see the first measured move (purple measurement), which moved 36.30 points.
Then, notice that the second measured move (blue measurement), if we extend it up to 36.30 points, it takes you up to the yellow line.
The Yellow Line is a gap fill and with price action moving up, it will act as a resistance point.
Charts, (and humans) generally repeat past actions, this means that our possible target is around the 121 level.
Since gap fill is right at the 121 level and is coinciding with a measured move, this will be a great pull back level.
BABA will be closely monitored for movement in the next couple of days and this Idea will be updated if something in the chart changes.
What do you think will happen to BABA next?
Let me know in the comments.
Cheers,
p.s. this is not advice, it is just an opinion and what I see when looking at this chart.
Ascending TriangleNeutral until broken.
The white line is a measure of a 100% fall from the very old Head and Shoulders pattern that BABA formed eons ago.
It is possible for price to fall more or less than 100%.
The white line is a measure from the neckline to the head of this pattern. This has tried to turn up almost exactly at the bottom of the white line!
Unbelievable but price must have memory.
That does not mean price can not go lower. I just thought that was worth noting.
The H&S is way, way, way up there!
The H&S pattern is easier seen on weekly so I will post a weekly chart below.
No recommendation.
BABA technicalsBABA is up +91% from its October 24th, 2022, low of $58 to a close of $111 today, January 9th, 2023. BABA is a high probability short now based on this technical analysis. On the BABA 1 day chart, pi RSI is getting overbought and TTCATR(beta) closed at the top of its main resistance level. Here's BABA technical levels on the 1 day chart:
SMA200 = $91.82
VWMA 20 TTCATR(beta):
top = $112.20
R3 = $106.28
R2 = $100.35
R1 = $94.42
pivot = $88.50
S1 = $82.57
S2 = $76.65
S3 = $70.72
bottom = $64.80
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
BBMC - bollinger bands
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com
$BABA: Long if breaking up...Alibaba has a nice potential setup here, which could trigger if we break over last week's high here. Stop can be tight as the move should have strong momentum. Reward to risk is over 4.43R, which is tremendous potential for a swing trade here. If it breaks down instead of up, this trade idea is cancelled, but we could find a short entry trigger, depending on how it moves this week.
Best of luck!
Ivan Labrie.
Gaps of warBulls need to fill the 120 gap or best gap it over.
50MA crossing over 100MA would give bull a bit more momentum.
Still a long way for Bull to fill all the down gaps.
$BABAI am not a financial adviser, speak with your partner or mom before making important decisions about your money.
Buy Alibaba Price broke out of the long term bearish trend with an impulsive move... This shows a strong reversal in the market
Alibaba (BABA) Update - 1/5/2023Alibaba Rose 13% yesterday amid news of Chinese regulators' approval to raise $1.5 B in its consumer finance unit. Of course, this is positive news for this stock.
The rally will likely continue until the stock breaks its resistance level of $105/share in the next couple of months before it tries to fill the gap caused by yesterday's rally.
Ps. This is not an investment Advice.
