Update on $BABAThe price crushed against the long term trendline It created a bearish ATR Break and even a bearish EMA crossoverShortby TizyCharts1
Potential 60% move Bull Flag Set Up if resistance become supportBaba traded down 5% Thursday and currently down early premarket for Fridays Trading session Looking at the Monthly Chart. There are a few things that stand out to me 1) double bottom 2) Potential Bull Flag 3) Baba actually closed below the 1st resistances level I pointed out, but not the second. It would have to close below $81 to invalidate the 2nd resistances level as support. I believe the 2nd resistances level is a key retest and needs to be flipped to support. 4) If Baba can close above both resistances, then we have a valid Bull Flag set up and Im looking at $130 Baba stock price. Thats over 60% from current stock price. *No Position, looking for confirmation* I'm Neutral til confirmation by moneyflow_traderUpdated 1111
i.Wish BABA < $80; Mar Q reports a miss in its toplineAlibaba will remain to be the leading eCommerce and Cloud platforms in China. Its leadership position enables it to benefit from industry growth and economies of scale. Alibaba has industry-leading investment in R&D to facilitate cross-selling and targeting. Hence there should be room for customer management growth. It also runs industry leading B2B and cloud services, and has initiatives targeting large addressable markets such as overseas eCommerce, new retail, O2O and an affiliate, Ant Technology. Bank of America reduced BABA price target from $144 to $132. I am using the daily Elder Impulse along with my drawing scheme to build up my BABA position for its June report.by KhanhC.Hoang112
BABA Alibaba Options Ahead of EarningsIf you haven`t sold BABA here: and bought it here: Now Analyzing the options chain of BABA Alibaba prior to the earnings report this week, I would consider purchasing the 90usd strike price Calls with an expiration date of 2023-6-16, for a premium of approximately $4.45 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Longby TopgOptionsUpdated 448
$BABA has the jetpack readyNYSE:BABA with a potential long SHS pattern, set to explode in the next weeks. Aiming 50% retracement from previous high. Longby rubfigue443
BABA BABA weekly and hourly charts Ugly wick so far on the weekly rejecting the 21EMA, Nice looking flag forming on the hourly chart. I like this short set up here. Looking to take this green to red tomorrow. Would love a retest of the 21ema on the hourly or that 87 area to get a short entry. Aiming for day 2 continuation down. Targets are 83.5 and 81.Shortby MIGHTYMIKEE0
BABA AnalysisPrice did not play out as analyzed last week. Right now, it's heading towards my original expectation which is to mitigate the bearish POI at 99.17, leaving behind a lot of sell-side liquidity. The bullish POI at 78.85 will be acting as a magnet for price to target next.Shortby Keeleytwj0
$92 is easy. Can BABA reach $98 this week? The 50 analysts offering 12-month price forecasts for Alibaba Group Holding Ltd have a median target of 141.97, with a high estimate of 217.33 and a low estimate of 72.60. Longby KhanhC.HoangUpdated 118
Watchlist 2023-05-18 $MU $GOOS $LAZR $BABA $HD $SE AMEX:SPY broker out of the sticky range between 409.30 and 414 on extremely strong VOLD, ADD, and TICK ratios. However, showing signs of weakness or likely profit taking this morning. I think as long as we can hold over 414 early on the strength will continue. If not, looking for support at 412.80 (yesterday BO area). Keep yours ears peel for decisions on the debt ceiling talks as a stalling of talks will likely send the market down. For further confirmation of a trend day, watch for: USI:ADD pinned near +\-2000 USI:VOLD ratio over +/- 3 USI:TICK cumulating past 0 wicking to +/-900 NASDAQ:MU - day 2 long continuation. Waiting for some type of retest of a key level, 65.30 - 24.70. Chips are extremely strong right now and MU broke out of a 52 week range. NYSE:GOOS - 2023 Revenue up 31.4% Provides Guidance for increased store growth. What's most important is gapping out of the yearly range from 21.00 with room to 24.77. Although the ATR Is 0.7, in a strong market, could see 2.0 of range after gapping 2.2 ATRs in the PM. Support 21.00 Resistance 24.77 Inflection 21.80 NASDAQ:LAZR - over 6.80 break of 9/10 technical range break. No known news today but received some price upgrades a few days ago and tech stocks are strong as diamonds right now. NYSE:SE - day 2 short continuation was wrong PD so we flipped long. However, SE was a lagger yesterday after the morning rally. Still in play for a long today if the market strength continues and SE trades above 73.50. NYSE:HD - great entry for a continuation yesterday as we discussed. Looking for a pullback to add to swing position. Let me know what you guys are looking at in the comments! NYSE:BABA - looks like the strongest of the Chinese ADRS. Looking for a pullback from an Opening range break. Whistler M23A190619 by UnclePennybagss1
Alibaba’s share profits wiped in the first quarterAlibaba Group Holding Limited shares (symbol ‘BABA’) didn’t perform really well in the first quarter of the year and are currently in loss of around 6% compared to the first trading day of January. The company is expected to report its earnings for the fiscal quarter ending March 2023 on Thursday 18th of May, before market open. The consensus EPS is $0,92 compared to the result for the same quarter last year of $1,45. ‘ The Chinese e-commerce giant is looking healthy with a current ratio of over 150% meaning the company is more than able to cover its short term liabilities with assets currently in possession while the total assets outweigh the total liabilities by more than 2 times. The total revenue for the trailing twelve months are higher than previous years indicating the company’s economic activities are growing making its shares an attractive addition to investors portfolios. ’ said Antreas Themistokleous, an analyst at Exness. From the technical analysis perspective the share is approaching the end of the current triangle formation that is trading within its boundaries for the last 5 months. Even though the overall trend of recent months is bearish there is some potential for a correction to the upside in the short term given that the price manages to break above the current level of the 38.2% of the weekly Fibonacci retracement level. If this is the case in the coming sessions then the first point of support could be found around the $90 price area which consists of the psychological resistance of the round number and is also the dynamic area of resistance between the 50% of the Fibonacci retracement and the 50 day simple moving average. by Exness_Official3
$BABA - ER will determine break out or break downNYSE:BABA #BABA ER is 05/18 (tomorrow). If the ER is good, we can break out of the triangle and it can get to $110 - $120. Downside risk is $80. On the longer time frame, the IHS still a possibility if ER is good. Like, retweet and follow if you find it useful.Longby PaperBozz1
$BABAit has to hold these levels, i dont think it will go lower than FWB:78S lets see Longby Trader4Home1Updated 8
Strategy For the next earning on May 18..! (Skin in the game)Before any action, we should answer this question: Is BABA going to experience higher-than-expected volatility in the next 3 weeks? If your answer is No, do not waste your time reading the rest of this article! If your answer is Yes, Then we should talk about the direction:(Current price for BABA Put/Call option is 3.1-3.4 USD for May 19, 2023 If you think it moves toward 105: Buy 2x Call and 1X put, strike price 85, expiration May 19. If you think it moves toward 79: Buy 2x Put and 1X Call, strike price 85, expiration May 19. Position size: 3% of your capital (2%+1% based on the direction you think it will move) What could happen: 1- BABA does not move: you will lose 3% 2- BABA moves big against your prediction, you will not lose any money! 3- BABA moves toward your target, you will double up! Statistics: BABA's average weekly move is 11.63% (Min:4.8%, and Max: 26% in the past trading year) BABA's average daily move was 4% (Min:1.5%, and Max: 13% in the past trading year) Skin in the game: I have bought 20 Call options and 10 put options Strike 85, May 19, 2023 if the price remains between 75-90, I will lose money, otherwise, I will win!Longby MoshkelgoshaUpdated 3321
Descending Triangle Earnings on 5-18 Before Market Opens. Triangles are neutral until broken. No recommendation. 52 Week Range 58.01 125.84 Day Range 87.06 88.73 EPS (FWD) 7.63 PE (FWD) 11.58 Div Rate (TTM) - Yield (TTM) - Short Interest 2.46% Market Cap $228.58Bby lauralea2
Trading Ranges to keep in mind1. Just to lay out the possible trading ranges to exploit on weekly timeframe. 2. Probably CM has confirmed primary trend reversal if not invalidated by consolidating under $80. 3. Targets are indicated 4. Stop loss is a consolidation under range of $80Longby Askhat_KulchiyevUpdated 7
BABA: Buy ideaBuy idea on BABA after the breakout of vwap and the resistance as you see on the chart.Thanks!Longby PAZINI193
BABA: Sell ideaSell idea on BABA as you see on the chart because we have the breakout of vwap and the support line.Thanks!Shortby PAZINI19333
Is Alibaba stock a buy?Key Statistics P/E Ratio 9.7 P/FCF Ratio 23 ROIC 7.5% Operating Margin 11.78% Analyst Estimates March 2024 = $8.76 EPS (+12.35% YoY) March 2025 = $9.85 EPS (+12.39% YoY) March 2026 = $10.31 EPS (+4.68% YoY)Longby BenSparham113
levels to trade BABA earningfor personal use Alibaba (NYSE: BABA) is owned by 1.80% institutional shareholders, 0.00% Alibaba insiders, and 98.20% retail investors. Goldman Sachs Group Inc is the largest individual Alibaba shareholder, owning 21.58M shares representing 0.10% of the company. Goldman Sachs Group Inc's Alibaba shares are currently valued at $1.80B.Longby KhanhC.Hoang3
BABA signaling long term entry pointViewers, since BABAs IPO, some may have missed out on the nice upward move. I got in and got out early myself. Now tho putting a long term investment view I see some good entry points based on oscillators and stochastic data from weekly chart data. In combination with simple yearly wave cycles, i see BABA is positioned in an attractive longterm buyers entry point. We've probably seen a completion in correction and entering the next Leap for a 3rd wave. There may some accumulation interest going on, early indication of buyer interest. Trade smart. Cheers. Longby resurrector007116
BABA Interesting spot hereBABA daily and hourly charts Got my eye on this 79.5-80 support zone. In March we had a decent bounce up to 105 area off of this level. Today we tapped that 80 zone again for a small bounce. I'd like a retest of this area to open up a swing position long with a tight stop under 79. Looking for a remount and close over the daily 9EMA at 83.61 to confirm some buyers back in the stock. Otherwise, this 79.5 could be a nice flat bottom break level to take it down further.by MIGHTYMIKEE1
Alibaba longAlibaba looks bullish as we expect the chart to form a double bottom pattern. We expect it to rebound from the strong resistance levels. There is also a bullish cross-over on the MACD line. Risk-reward ratio is 10.64. Entree price at 81.74 Taking profit at 120.06 Stop loss at 78.05 Longby vf_investment2221
$BABA - Looking goodIf the stock can close above $83 consecutive days, it could see $90.00 near term target. The IHS shoulder has not been broken yet. Fingers crossed for the bulls. 👀Longby PaperBozz4