BABA Bullish. Will be purchasing baba share in the box. Looking for new lows. Im bullish China, just not yet.
BABA trade ideas
$BABA NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
First leg of the correction is a diametric
Second leg of the correction is most likely a neutral triangle
In a neutral triangle wave C is the biggest and could be 138% to
161.8% of wave A
c-wave of a Neutral Triangle
is usually the longest, most subdivided and most time consuming of the three trending waves
Wave B is confirmed to be ended as we got a move that was faster and bigger than the largest counter trend wave within wave B (red rectangle)
Alibaba: Turning PointBABA was pulled down further last week. According to our primary scenario, it should now be in the final stages of the blue wave (a). As soon as the low is reached, we expect a (corrective) rise in the form of blue wave (b) before a further sell-off completes the magenta-colored wave (ii). Only with the correction low underfoot should the same-colored wave (iii) then drive the price above the resistance at $117.79.
3 Stocks in ACCUMULATION Phase | STOCKS | BABA, HOOD, PYPLIf you have patience, stock trading can be very rewarding.
Something a little different today - SOCKS ! 🧦 These are my top 3 picks for stocks at the moments - for the sake of duration, we'll look at 3 per video.
What I look for in stocks, is longer term holds. Ideally they must be in accumulation phase, or have just broken out of my ideal buy zone.
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NYSE:BABA NASDAQ:HOOD NASDAQ:PYPL
BABA (back to major support)full retracement to the breakout point, expect major support around 81 - 80
Alibaba - Trump Won't Beat This Stock!Alibaba ( NYSE:BABA ) is bullish despite Trump's presidency:
Click chart above to see the detailed analysis👆🏻
Two months ago, Alibaba pumped 30% within a couple of days, perfectly following the resistance trendline breakout. So far we saw a rejection of the upper resistance level and it is quite likely that Alibaba will retest the breakout area. However, the underlying price action is still bullish.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
BABA - will the rebound come after the pullback? BABA hitting the bottom resistance line, likely a rebound will be underway.
BABA - 1 h time frame analysishi traders
BABA has been in the very well-pronounced down-trend.
Bullish divergences appeared on 1h time frame, and we have a gap that should get filled if we get a bounce.
The entry, target and stop loss are shown on the chart.
Good luck
$BABA Primed for a Retest and Bounce! 80% Upside Potential!🚀 NYSE:BABA Primed for a Retest and Bounce! 80% Upside Potential! 🚀
🔍 Key Points:
Looking for a bounce after retesting the symmetrical triangle breakout
Awaiting the H5 Indicator to flip green for a bullish signal
Crucial to hold the volume profile shelf for continued upward momentum
Target Prices:
🎯 $107
🎯 $134
MM 🎯 $157
BABA buy at 76Well, it looks like alibaba has a bright future. Just need to wait a little bit more fore other companys to go bankrupt in this expansive times. When this happens alibaba takes all. No more competition. So looks like a good investment but maybe bad for the economy. Just wait and see what happens
Alibaba: Will $BABA Bounce Back or Break Key Support (Daily TF)Hey everyone, below is an analysis on NYSE:BABA using MACD, RSI, Fibonacci levels and technical (gap) levels.
Current Price Levels:
NYSE:BABA is trading around $89.35, down significantly (~26%) from its October 7 high of $117.82.
A notable gap between $85 and $86.95 suggests this is a key level of interest for potential support or further downside risk.
Momentum Indicators:
MACD: Shows signs of curling upward, which could indicate momentum shifting toward bullish sentiment.
RSI: Currently not oversold (at 36), but still in a relatively low range, suggesting there is room for price recovery.
Technical Levels:
Gaps and Fibonacci retracements are marked as potential resistance and support zones:
Gap resistance levels: $93.33-$95.05 and $96.80-$99.18.
Higher resistance levels around $104.41 (gap from October 15) and $117.82 (October high).
Previous daily high at $89.50 could act as near-term resistance.
Fibonacci Levels:
The chart includes a retracement from the October high ($117.82) to recent lows, with levels such as 0.236 ($90.29), 0.5 ($102.53), and 0.786 ($111.27) potentially serving as resistance on any upward move.
Feedback and Outlook:
Support and Resistance Analysis:
Support: The gap zone between $85-$86.95 may provide a strong base if selling pressure continues. A break below $85 could indicate further downside.
Resistance: Short-term resistance is seen at $90.29 (0.236 Fib level) and $93.33-$95.05 (gap resistance). These levels will likely be tested if buying pressure builds.
Gaps to Be Filled:
If the price begins to recover, the first upside target would be filling the $93.33-$95.05 gap. This aligns with Fibonacci retracement levels and may act as strong resistance.
Outlook:
Bullish Case: If momentum continues to build, expect a recovery toward the $93-$95 range, with further potential to reach $102 (50% retracement). This would require breaking above immediate resistance at $90.29.
Bearish Case: If the current support at $85 fails, further downside to test levels around $80 or lower is possible.
Final Thoughts:
The chart suggests a cautious bullish outlook in the short term, especially if the $85 support holds. Watch for price action and volume around the resistance zones to confirm whether this is a dead-cat bounce or a true reversal.
Currently in NYSE:BABA 1/17/25 $100c (BOT @ $1.73).
BABA: Monitor for Key Price Levels Next WeekRecent Performance: Alibaba (BABA) recently reported strong earnings, boosting
market sentiment, yet the stock experienced a 2.2% decline following the
announcement. This decline came after a brief pre-market increase of about
5%, demonstrating the stock's susceptibility to fluctuating investor
sentiment. Currently, BABA seems to be facing resistance near the $90 mark,
while its support levels are being tested.
- Key Insights: Investors should closely observe BABA's price movements in light
of its recent performance and market volatility. The recent earnings beat in
profit contrasts with missed revenue expectations—a factor that could cause
traders to reassess their positions. There is caution in the air as experts
express that the stock may dip further before a potential recovery.
- Expert Analysis: The overall sentiment for BABA has shifted to a current
sentiment score of 15.0 after last week's flat sentiment of 0.0. Despite
recent positives in earnings, analysts remain cautious, with opinions
suggesting the stock might drop to the low $80s before any significant
upward movement occurs. A careful assessment of market conditions is
warranted as traders speculate on the implications of the earnings report
and investor reactions.
- Price Targets: Based on the wisdom of all professional traders, for next week,
we have the following targets and stop levels:
Next week targets:
Target 1: $90
Target 2: $98
Stop levels:
Stop 1: $86
Stop 2: $80
Longer-term target: A potential revisit of the $110 level within the next 2-3
months, assuming a consistent improvement in revenue performance.
- News Impact: The recent earnings report for Alibaba highlighted a profit beat
but missed revenue expectations, leading to a flat share price and
subsequent drop. The mixed news has left investors uncertain, contributing
to the current cautious market sentiment. Additionally, stock performances
of competitor companies are being monitored, which could impact trader
behavior toward Alibaba.
This comprehensive overview offers crucial insights into Alibaba's current
position, outlines clear trading strategies, and informs traders about
significant developments that may affect BABA's trajectory in the upcoming week.
$BABA: Company OutlookNYSE:BABA : Company Outlook
NYSE:BABA is currently in my GOLDEN ZONE and at the 200 EMA on the daily chart.
This could be the PERFECT opportunity to buy for the LONG TERM if we see confirmation of a BOUNCE.
LIKE and FOLLOW for more insights to help you MAKE MONEY!
Alibaba: Beware of potential moveAlibaba is at a price point and wave structure where it could be either a potential strong reversal or a crash.
If i have to call a side, I am more bias short because I think global equities are ripe for (short) harvesting. The stop loss that I put in this idea shows that I am cautious about being wrong, but as you can see, it is not at any obvious resistance, showing my short bias.
Alibaba and Elliot waves?Hi, I did my analysis for Alibaba. Since we stopped almost exactly at 61.8% of wave no. 1, we can be at the beginning of wave no. 3 with a target of 165 USD. This level makes sense on the weekly chart - it was an important level in the past.
Then I expect a corrective wave down to 134 USD. Again a very important level in the past.
Wave no. 5 should go to 185 USD, another important level in the past.
BABA BUY Possibility Alibaba is showing potential for a bullish move as its earnings report approaches. Positive earnings could drive a breakout, especially with momentum building in areas like cloud growth. A Trump victory might boost investor confidence, potentially easing U.S.-China tensions, which could benefit BABA’s stock. With the stock near a support level, this could be a prime entry point if earnings impress.
This setup has strong potential for upside! 📈
BABA BUY Possibility Alibaba is showing potential for a bullish move as its earnings report approaches. Positive earnings could drive a breakout, especially with momentum building in areas like cloud growth. A Trump victory might boost investor confidence, potentially easing U.S.-China tensions, which could benefit BABA’s stock. With the stock near a support level, this could be a prime entry point if earnings impress.
This setup has strong potential for upside! 📈
Doubling down on my BABA Trade My previous NYSE:BABA
trade didn't go in my favour, so I decided to adjust my strategy and double down at this level. I've set my target price at break-even on the earlier trade. The key support level that was broken has now turned into resistance, and I anticipate the price will revisit this zone. My take-profit is aligned with this technical setup, as indicated on the chart.
Alibaba: Chart Signals Bullish Run to $130Alibaba's earnings report is set to be released tomorrow. Based on the current chart pattern, it appears to be forming a falling wedge, which could signal a potential bullish breakout. If the earnings report aligns, a move towards $130 is anticipated
Alibaba (BABA) Shares Drop Ahead of Earnings ReportAlibaba (BABA) Shares Drop Ahead of Earnings Report
Tomorrow, on 15 November, Alibaba (BABA) will release its third-quarter 2024 earnings report. Analysts forecast a drop in earnings per share to $2.11 from $2.26 in the previous quarter.
Ahead of the report, Alibaba's share price has shown a downward trend, with a decline of over 20% from its October high. This drop is attributed not only to the waning of the strong bullish momentum seen in the Chinese stock market in September but also to increased competition from Temu and Pinduoduo. However, JP Morgan analyst Alex Yao predicts that "Alibaba will stabilise its market share in the coming years," potentially supporting its position as China's largest supplier.
A technical analysis of Alibaba’s (BABA) price chart reveals that:
→ this autumn, the stock price broke above a multi-year descending trend line (in red);
→ signs of support lines and pivot points suggest an emerging upward channel that could gain relevance in the long term following the breakout.
It’s evident that near the breakout of the red trend line (around $88), there were fewer sellers than buyers, suggesting sustained demand could support a bullish reversal if the price dips below $90.
According to TipRanks:
→ 15 of 18 analysts recommend buying BABA shares;
→ the average 12-month price target for BABA is $124.4.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
BABA | A trillion dollar criticismChinese tech titan Jack Ma had been having it rough ever since his criticism of Beijing triggered a backlash on his companies and wealth but a recent development may change the tide.
On Friday, China's central bank announced a fine of 7.12 billion yuan, or $985 million, for Ant Group the fintech giant co-founded by Ma that operates the Alipay payments app signaling that its years-long regulatory crackdown is ending.
But the years-long crackdown has taken a heavy toll on Ma's wealth and the market valuations of the companies he holds stakes in. Alibaba the flagship company he cofounded saw a 45%, or $620 billion, drop in market value since shares hit their peak in 2020, per Bloomberg's calculations on Sunday.
Ant Group is now valued at around $78.5 billion marking a steep 75% discount to its valuation of $315 billion in a scuttled IPO before Beijing's regulatory crackdown in 2020.
The collective $850 billion wipe out in Alibaba and Ant's valuations has sent Ma's net worth plunging from about $61 billion in October 2020 to $34.1 billion as of Monday
On a personal level, Ma has also been lying low for more than two years.Ma angered Chinese authorities after giving a speech in October 2020 in which he criticized China's financial regulatory system and claimed Chinese banks were operating with a "pawnshop" mentality. His words prompted intense regulatory scrutiny of his businesses including Alibaba and Ant and a wider crackdown on tech firms in China.
In January, he was spotted in Bangkok, where he visited a Michelin-starred street-food restaurant and watched a Muay Thai fight. He also popped up in Hong Kong in the same month.
In March, Ma returned to a school he founded in his hometown of Hangzhou in eastern China.
In April, he was appointed an honorary professor at the University of Hong Kong. In May, Ma took up a teaching position in Japan, one of the first public roles he has assumed since disappearing from the spotlight in 2020.
Last month, Ma attended the Alibaba Global Mathematics Competition finals in Hangzhou, where Alibaba is based.
Alibaba shares in Hong Kong were up 3% at 86.90 Hong Kong dollars apiece at midday, buoyed by news of the fine. The company's shares in New York closed 8.1% higher at $90.55 apiece on Friday.
Giga Cup and Handle Forming on AlibabaThis is exactly the type of price action you want to see on a run like we had on China the past few weeks. This is a healthy correction imo - we'll see a nice pull back retest. That handle will form and we will (hopefully) blast off NYSE:BABA NASDAQ:BABX
