Alibaba probably near “bottom”. 19/Oct/22As Alibaba previous long term impulsive move was a “leading diagonal” pattern. So there is high “possibility” that its stock price “might hold” above 57.20..
BABA34 trade ideas
Alibaba Group Holding Analyze !!!BABA passed wave 5 in the Resistance Zone , and I expect that it will go DOWN to PRZ ( Price Reversal Zone ) & near the SMA 100 ( Daily Timeframe ) after breaking the Important Support Line .
Also, we can see the Regular Divergence (RD-) between Price and MACD Indicator .
Alibaba Group Holding Analyze ( BABAUSD ) Timeframe 4H ⏰ ( Heikin Ashi )
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Alibaba Group Holding Analyze 🔄(Update)🔄!!!First, I have to back to my previous idea about Alibaba Group Holding. Do you remember it? 👇(it moved as I ✅expected✅).
BABA passed main wave B in the Resistance Zone, and I expect it to go DOWN to the end of main wave C that I showed in my chart.
Alibaba Group Holding Analyze (BABAUSD), Timeframe 4H⏰ (Heikin Ashi).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Alibaba Group Holding Analyze 🔄(Update, 10/18/2022)🔄!!!First, I have to back to my previous idea about Alibaba Group Holding. Do you remember it? 👇(it moved as I ✅expected✅).
BABA completed main wave C in the support zone, and I expect it to go UP at least until the end of microwave 4 of main wave C(Resistance zone).
Alibaba Group Holding Analyze (BABAUSD), Timeframe 4H⏰ (Heikin Ashi).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BABA AnalysisPrice playing out nicely from my previous analysis. Liquidity was taken at 73.28 and price shot up from there. My expectations are unchanged this week. I'm expecting the fair value gap at 79.79 to be taken.
BABA - BULLISH SCENARIO China stocks are entering an exciting earning season combined with the upcoming major holidays. NYSE:BABA testing the 70s range and bouncing of March 22 lows. The political pressure, production shortages, and raise of materials have been dragging NYSE:BABA lower and lower. Optimistically recovering to the 110-130 range in the next 6 months is a very likely scenario, considering that range is still much undervalued.
Alibaba Accumulation Good day/night everyone, here we have possible accumulation on alibaba stock. Price broke long-term trendline and became oversold in march with increasing volume, furthermore on secondry test in phase A with dropping supply couldn't broke SC(support). The next bullish move in phase B started with strong demand and good spread and broke resistance.
In current bearish move that we close to the resistance with lowered volume can be the secondry test in phase B that can start an bullish move or a powerful and quick shakeout that wants to trap sellers and move up and at last my idea is that we are in a spring in phase C of Wyckoff accumulation.
Another important point is the fundamental analysis on this stock that correlate with technical, based on my valuation this company is undervalued with real value around 110$.
BABA looking thick like snickersAlways the best time to buy baba on these dips... people are going to be looking for any extra way to make some extra income and baba has always been a staple piece for many Americans. Its hard to say long but a rebound back to the $97 area is inevitable.
BABA AnalysisPrice played out exactly as analyzed last week. Price bounced off the bearish POI at 85.00 and went lower from there, taking out the lows at 73.28. From here, I'm expecting a bullish retracement to fill the fair value gap at 79.79.
The most important pattern in stocks This is a remake of a previous video about a very important chart pattern seen on every time frame - from multi decade rallies to intraday trading charts.
Learning and identifying this pattern is important to avoid getting caught on the wrong end of a market cycle.
Baba short updateNot really gna explain much if you been keeping up with my post you know I've been shorting baba for months now check my previous posts.. I'll be adding more sell positions to my trade my next target is 50$ for baba... See you there.
BABA - ready for a riseAs RSI indicator is close to 30, we can expect that the price will decrease a little bit more to reach the support level , then we expect a trend reversal , so we suggest to take a long position.
Entry: when the price retest the support level;
Target: at the resistance level;
Stop loss: as in the chart (6,22%).
BABA Long PositionAlthough the trendline is downward sloping, the Golden Cross, the bullish MACD and the RSI on the rise may be signs of a temporary bullish reversal.
A long position for when the price breaks breaks above the trendline and retests at the support is recommendable.
BABA AnalysisPrice is playing out as analyzed last week. Price is currently mitigating the bearish POI at 85.00. I'm expecting this POI to hold and price to continue lower.
Might come close to the 81 mark (Update)28 September - BABA might hit 81 before turning around if the overall sentiment stays bearish .
3 October - BABA hit almost exactly at 81 and then moved down. Appears to still be somewhat bearish and still testing the 81 resistance however if it stays above the top trend line that might become the new temporary support support until one of the other two horizontal lines are consistently broken. Look to see overall short trend before directional bias is assumed.
Might come close to the 81 markBABA might hit 81 before turning around if the overall sentiment stays bearish.
BABA short term bullishweekly falling wedge, deviation from 20/55 week EMA, bullish divergence in week RSI, double bottom.
short term: 100
percentage: 33% increase from current price
Long Term InvestmentI've been watching China stocks for years, I think Alibaba is a good value here.
Check out that weekly chart, prices no longer able to touch the bottom of the range. I'll be buying the close of this weeks candle if it stays looking like this.
This Friday marks the close of the day, week, month, and quarter. So some big technical closes coming up.
BABA AnalysisPrice did not play out as analyzed last week. The bullish POI at 90.17 has been invalidated and the order flow has changed again. Right now, the daily timeframe is continuing its downtrend. I'm expecting price to do a bullish retracement into the bearish POI at 85.00 before continuing lower.
BABA - Wyckoff accumulation patternNo one knows what will happen, but so far this is textbook accumulation pattern according to Wyckoff. Spring next??
BABAI think it is going to fall into 75.85 for the upside I fell if it can break the downtrend 94.39 then go up to 100.25 if it don't get stomped out
