BABA34 trade ideas
lovely chart going into its ER tomorrow 🚀higher lows / perfect bounce from RSI support and on verge of breaking this local downtrend.
amzn recently broke out on a decent earnings report, baba is commonly called the amazon of china. Will they also rally on earnings though? lets see!
goodluck, please dont forget to drop a heart and follow for more. Thanks ❤
Safer way to Be long BABA DOTM 80 PutHi everyone,
China this am came out with a better tone toward their tech industry and markets.
Assuming that geo political events do not get worse between the USA vs China.
I am making a Long term asset accumulation bet on Alibaba
1) I discuss straight stock asset ownership
vs
2) Getting an income by selling the deep out of the money 80 strike September put for $9.15 resulting in a
11.43% ROI as of this writing, also providing us a safety of margin from current $97 price to 70.85 assignment cost
2 Outcomes
a) stocks goes up and stay above the 80 strike by the September Expiration date we pocket the 11.43% or $9.15
b) Stocks tank below 80 get called and I own Alibaba stock the asset, at a price I already decided was a comfortable and good support around (assignment price $80-9.15)=70.85
Hope it helps this strategy is only valid with two things in mind
1)buy asset you love and want to keep for the long term
2)be prepared to hold if it goes below 70.85 and be confident enough of the long term 5-20 years for the underlying stock as an asset in this case Alibaba
Hope it helps
Marc
$BABA Is Alibaba Ready To Be Treasured In Our Portfolios?Traders, Speaking to my of my investor friend in the US around a year ago, I predicted alibaba to fall below 100 and that's when we could get a chance to buy back again. Alibaba $BABA Has been consolidating at the current levels for few months under 100 dollars. Now as it has created a very good pattern inside the bollinger band, this can become a speculative buy in our portfolio again. The risk is limited i.e. stop loss will be below last lowest low and the target much higher giving us very good Reward to Risk.
BABA AnalysisPrice has been doing exactly as analyzed since my call on 08 July 2022. We are at the bullish POI at 90.17. Potentially we will see a bullish retracement to take out the buy-side liquidity from here.
Aiming 180 first for AlibabaThe speculation continued for the world renowned Company, Alibaba about its founder, Jack Ma being "blacklisted" to being "heavily watched by CCP" and thus he was punished for saying anti-China topics in his last convention.
Of course, there are different camps sitting on this matter, with some believing it is a political move and others saying Alibaba is made as the black sheep for the other Tech giants to see (mess with the CCP and the result is clear).
Yesterday, 9% rise of this stock sent glimmers of hopes to its loyal fans and investors who were disappointed time and time again as they witnessed this stock plummet 65% from its peak at over 310 dollars to its current price of 123.60.
It's fundamentals remain strong , witnessed by the latest Singles Day revenue and compared to its global competitor, Amazon, it is deeply undervalued. Surely, this is not a hit and miss kind of stock , you definitely need patience and a longer time frame before you see your harvest.
Will be buying more later from the HK side (especially now the US is delisting the Chinese Tech companies)
Long on AliBaba I am long on NYSE:BABA ; because of technical reasons as well because Berkshire Hathaway is in a long position with 300 000 shares still long.
Trade Metrics :
- Position:
1 Aug 2022
Entry $88
SL $74
TP $135
-RR:
1:3.3
-Risk % / P / $:
1.5%
137 P
-12 $
-Reward % / P / $:
4,5%
461 P
-47 $
-Confluences:
88,60 FIB on monthly
Heavy Support zone
4 months of rejection on the block
78.6% on weekly
SHORT BABA IDEA GOT SUM PUTS FOR OCTsup dudes, here a decent short idea. pretty bearish on china rn in general since they wana invade places lol. long term leverage might be smart for this one or options if u can afford em. Bulls are struggling to keep above 100 when S&P having whole green days... anyways u can see where rsi got hammered and a huge loss of bullish moment came in so we basically going side ways till another leg down to fibo support. GL :). Also heres my trade 5, 21oct22 puts with a strike of 100$ fairly cheap atm. any option less that 1k will do ya right with the right time frame....
BABA may retest 87 zone if 100 fails; upsides are 110/120/130If BABA fails to hold the psychological 100 yellow zone, the the green 87 zone may be retested due to low volume below 100. Breaking 100 will also mean breaking below the red uptrendline as well as the Ichi Cloud in daily chart.
However if BABA holds 100 & the uptrendline, then we may see upside targets at 110, 120 & even 130. Last July there was a 2-day false BO above 120 resistance before BABA reversed down back inside the downward Fib Channel to retest 100. Breaking ma200 above 120 will be bullish.
Not trading advice
alibaba stockas price heading to our POI I do expect price will rally at that zone so lets wait and see how price will react after tapping our POI
time for break of support? 🙌has held this support area for over a month now so we should wait for break of 97, after that we can target 94-87.6-81.1
Forecast № 29 BABA (ALIBABA GROUP HOLDINGS LTD) NYSEForecast for price reduction. Earlier, the forecast No. 20 for price reduction was published. The downtrend continues
BABA AnalysisNo changes to my analysis from last week. Price is on a downtrend. Price has played according to my analysis from last week. Price is unable to close above 124.11, took liquidity and went down to take out the sell-side liquidity. I'm expecting price to hit the bullish POI at 90.17 before we see any retracement to the upside.
$BABA short idea Alibaba $BABA is a Chinese E-commerce platform that flourished during COVID but is now struggling due to currency exchange, supply chain, and lockdowns in China.
Bearish technicals show a bear flag with price right at the breakdown levels here. Downside levels are 94, 92, 89, 84. Stop loss 105.
OptionsSwing Analyst
Daniel Betancourt
BABA wait for itAfter gapping down on July 11 we see a steady down trend. Price recently closed under the (weekly) trend line and the .23 Fibonacci level.
On balance volume confirms the down trend, as does the Force Index. I am looking for a bounce off the 0 fib level or $94 which has acted as support on the monthly time frame.
I will consider adding to a long term position in the highlighted range.
BABA - AccumulationChart request for @RocketFuel20,
BABA has a chart where a pitchfork is useful and can see how the trend accelerated to the downside into SC Selling Climax - falling through the lower warning lines.
It also hit the 1:1 fib at the low.
Since then BABA looks corrective but it may go on rallies once it gets above AR resistance.
Bullish divergence coming in on RSI.
Not advice.
Chinese stocks have incredible surprise for youChina is number one, huh? Are you really afraid of communistic party going mad and destroying everything they've earned with hard work last 20 years?
They already spread covid and use their russian doll to harm West and that will be enough for them to continue going forward and building more trading routes in South America, Africa and Asia. China is here to stay no matter you like it or not, but they are working hard and providing value.
Long your longs before FED change it's policy in September-November and revaluate food and energy weight in CPI indexes or else...
Also most covid noob plebs already out of stonks and crypto and done with investing, rooting in a crisis.
Would you buy the blood and fear here or sell with normies is the question?!
Dollar value is still going down since the day it was born no matter what.
Is this a breath of new air?Alibaba broke out of a year long descending channel, is this a breath of new air in the Chinese tech giant? An end of a downtrend is confirmed by a break of the declining trendline, we'll wait for a new HH to be created then we can be confident in this move.
AnalysisHello. As we can see on the graph, we are in a downtrend and we will not go against this trend. This downward continuity cannot be done if and only if the vwap indicator and the support line are forcefully broken by a large red candle and also accompanied by a large red volume.
On the other hand, we could have a trend reversal (uptrend) if and only if the resistance line is forcefully broken by a large green candle and also followed by a large green volume. But, all this can only be done when all these conditions are met. thank you.
BABA AnalysisPrice is on a downtrend. Price has played according to my analysis from last week. Price is unable to close above 124.11, took liquidity and went down to take out the sell-side liquidity. I'm expecting price to hit the bullish POI at 90.17 before we see any retracement to the upside.
BABA - Adam & Eve reversalWorst looks to be over for BABA after hitting a low on 15 March and then went on to form an Adam and Eve (A&E) reversal pattern.
It broke above the A&E neckline 2 days ago. While the breakup volume wasn't impressive, it is however now above the 200 day moving average, which gave it credibility to likely continue in a slow path to recovery. (could chop sideways for a while until the 50 day moving average can cross above the 200 day moving average).
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!
BABA - Bullish BreakBABA has made a strong reversal
Broadening Wedge
I see this reversal continuing, letting price hit the middle dotted trend line and then forming a nice support above 0.5
Very cheap buy the dip scenario
