BABA - will the rebound come after the pullback? BABA hitting the bottom resistance line, likely a rebound will be underway.
BABA trade ideas
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
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
BABA looks to be bottoming I like $88 range as support buy, BABA has the look of a 2 year bottoming price accumulation.
First target $177.
BABA LongWe are already positioned in this at a lower price, however a new opportunity has presented itself after the recent price action.
We have a rising three valleys pattern indicating accumulation after this perfect bullish Gartley.
Along with this Baba is showing clear bullish divergence and is currently backtesting the $78 zone which has been a historical key level.
Sizing up risk with a SL below the low gives us a great RR and plays the pattern. Good luck and we will update. Earnings are in over a month which gives the stock some time to move before.
Important buying level for Alibaba - 9988Yes, it is sad to see what a nice rally for the China an Hang Seng market only to see it tumbling back down day by day , week after week despite the recent 10 trillion measures to curb the local government debts and property market.
Apparently , many analysts feel the CCP has not release sufficient stimulus to shore up the market and the tech stocks , very much undervalued compared to its counterparts in US are still being sold down.
I will be watching this level closely as we are coming to the end of 2024 and the CCP is running out of time to hit its 5% GDP target and failure to shore up the consumer confidence, the stock market will remain sideways or slowly come down ..........
On one hand, I am thinking the efforts and face saving of the Chinese government, will they give up half way now that the whole world is looking at them? Plus, President Trump has only 4 years to run and knowing he would not be re-elected thereafter, he is going to go all out to save America and create history for himself.
CCP is now in a desperate situation much like the ants in a frying pan , it has to think of creative ways to boost the market or risk losing the confidence of its people, international investors further away........
Alibaba’s Short-Term Moves: Navigating Trump’s Policies and ChinWith Trump back in office, we’re seeing renewed tension in U.S.-China trade relations. Trump’s team is expected to restrict certain Chinese goods, which could pressure Chinese markets in the short term. In response, China has hinted at ramping up its economic stimulus by 10-20%, cushioning companies like Alibaba.
In the immediate term, Alibaba might see a dip toward $80 as markets adjust. However, if China rolls out its stimulus plans, we could see Alibaba push up to the $120 range. The holiday season might amplify these shifts, given higher retail demand.
Bottom Line:
Keep an eye on trade announcements and China’s next economic moves. Timing here is key, and these actions could make Alibaba one of the more interesting plays this season.
Baba long swing trade For my Alibaba (BABA) trade, I’m targeting a gain of just over 5%, using the 15-minute chart to monitor short-term price action closely. I’ve worked out a confidence of 84.06% in this trade, which reflects my analysis and conviction. If the market turns against me, I’m prepared to double down, adjusting my position to take advantage of any potential reversal and manage the trade more effectively. This approach helps me stay flexible and increase my exposure strategically while managing risk.
BABA - Retracement of Bull Wave (1) BABA is now in retracement to complete Wave (2). Possible to retrace with an ABC pattern. However, at this moment, only see Wave A of Wave (2). We need to see more waves to confirm the completion of Wave (2).
$BABA Long Ahead Of EarningsNYSE:BABA will have earnings soon and I think it will execute a breakout towards the indicated targets.
I would consider purchasing the 110 Calls with an expiration date of 2025-2-21, for a premium of approximately $3.30. Good time to buy call options!
(Credit for contract idea @TopgOptions)
