Alibaba - This chart is pretty bullish!🎁Alibaba ( NYSE:BABA ) will head much higher:
🔎Analysis summary:
After we saw the perfect creation of the rounding bottom on Alibaba, the trend finally shifted back to bullish. Especially with the recent bullish break and retest, Alibaba is now preparing for another major move higher. All we
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6.784 CHF
15.88 B CHF
122.19 B CHF
2.23 B
About Alibaba Group Holdings Ltd.
Sector
Industry
CEO
Yong Ming Eddie Wu
Website
Headquarters
Hangzhou
Founded
1999
FIGI
BBG007FJLZG8
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 1M: Chinese favorite rising againTechnical setup:
Breakout from long-term triangle
Retest of trendline confirmed
Price holds above Fibo 0.236 (116.94)
First resistance: 151.85
Fibo targets:
→ 0.5: 187.82
→ 0.618: 219.50
Trade plan:
→ Hold after successful retest
→ Add on dips to 116–118
Targets: 151.85 / 187.82 / 219.50
Fun
BABA WEDGEalthough baba has a gap to fill above and below, it's showing strength, wedging, volumes coming back in, and million in call flow were placed yesterday. It's been chopping tightly for a bit now on the daily chart on low volume, but as the volume is starting to come back in, earnings coming up, and o
BABA Long UpdateAlibaba Setup & Bullish Thesis
BABA remains held up in a low-volume node, which has historically acted as a headwind to price momentum. However, accumulation volume patterns are forming, and the weekly chart structure is in harmony with a move higher. Really likeing the breakout on the micro and ho
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
Much needed break for $BABA on the horizonI took a much needed break but not as long as NYSE:BABA has taken since 2021; swinging between ~$70 and ~$120 over the past six years.
I strongly suspect that this might have something to do with Jack Ma's speech in late 2024 that made him go 'missing' from public view
- www.wired.com .
The s
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