Buy Alibaba Price broke out of the long term bearish trend with an impulsive move... This shows a strong reversal in the market
BABA trade ideas
Alibaba (BABA) Update - 1/5/2023Alibaba Rose 13% yesterday amid news of Chinese regulators' approval to raise $1.5 B in its consumer finance unit. Of course, this is positive news for this stock.
The rally will likely continue until the stock breaks its resistance level of $105/share in the next couple of months before it tries to fill the gap caused by yesterday's rally.
Ps. This is not an investment Advice.
Alibaba:Spotted Inverted Head& ShoulderAlibaba:Spotted Inverted Head & Shoulder in 4H time frame chart.
Downtrend structure has also broken. It started forming uptrend structure.
After forming inverted head and shoulder, currently market is trading near support zone of 85$.
A bullish movement is expected, upto the level of 106$.
One may take the long position at current market price, market may test the resistance levels of 106 in upcoming sessions.
On lower side market may test the levels of 74$.
Alibaba Analysis 04.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
2023 New Year Long Opportunity - $BABAI'm looking for a long opportunity on NYSE:BABA in 2023.
Before 2022, it's all-time low was $57.20, and it tested and closed above this level in the fourth quarter of 22'.
This leaves me to believe, $BABA will be a good long-term opportunity for this year.
BABA BROKE A DOWNWARD TREND LINE AND HAS SOME UPSIDE ROOM TO RUNThe analysis shows a downward trend line that got broken along with a volume profile.
There is a huge horizontal volume support line at 84$/per share.
The lower support is 70$/per share.
The Resistant volume is 122$/per share.
The Price is still below the 200DayEMA and just above the 100DayEMA so this might go into a squeeze, meaning volatile price movements and possibly hold the100DayEMA.
My prediction is that it's going to at least move back up to a Price range around the 122$/per share mark.
It's worth keeping an eye on $$$$
BABA Double TOP Bearish Outlook Bullish Indications
* Making HH and HL but no consistency
* Inverted green hammer candlestick
* Support = 86 Resistance = 89
Bearish Indications
* Three red soldiers
* Support = 86 Resistance = 89
* Double top chart pattern : Neck line = 86
Bias = Short
Plan
Entry @ 85.95
TP @ 84
SL @ 89
BABA 3/21/22BABA
Easy trade here.
Price is in existing downtrend.
Price was in a sideways range between 110 thru 130.
Price broke down from range and has pulled back to previous support and looking to turn it into resistance.
Price is also currently looking to reject 50ema and is at 0.50 Fib level.
Price is at area of value. This is my cue to enter trade short.
Will be entering trade short. Price heading to all time low.
Entry: 108.17
Stop Loss: 116.72
Target: 59.50
BABA D ChartBearish Momentum: Broke upward channel downwards is the confirmation of a bearish trend.
BABA AnalysisPrice has mitigated the bearish POI at 104.85 as analyzed previous weeks back. Price has broken minor structure to the downside and is now consolidating in this price range. I'm expecting price to head lower potentially into the bullish POI at 78.85 to mitigate next.
ALIBABA is LONG for a while As mentioned in the previous analysis, Alibaba is in a large diametric that we are currently making the last part of the G wave.
A contracting reverse triangle which wave D is completing. After another decline as E wave, one can think of targets above $200 as wave C
ALIBABA Rejected on a huge Resistance cluster. Levels to watch.The Alibaba Group (BABA) is pulling back after being rejected not just on the 1D MA200 (orange trend-line) but also at the top (Lower Highs trend-line) of the Falling Wedge pattern holding since the October 20 2021 High.
This is a huge Resistance cluster as the RSI on the 1W time-frame also got rejected near its 54.00 Resistance. Technically, if the 1D MA50 (blue trend-line) breaks, the stock can test the 58.15 Support, even make a Lower Low on the -0.136 Fibonacci extension.
The MA trend-line that has been unbroken the longest (since February 25 2021) is the 1W MA50 (red trend-line). As a result, if the price breaks above, naturally it will be a break above the 1 year Falling Wedge too, it should restore the bullish trend on the long-term. The first target in that case will be the previous High at 126.20.
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Alibaba and most other Chinese stocks are selling off hard!Today the president of China, Xi, has been re-elected for his third term as president of the nation. As a result of this news, the China markets took a massive hit today, but with blood in the streets we should be buying.
Alibaba (BABA) Update 12/20/2022
Stock may have shown a loss of momentum after it started an upward trend in October this year.
ALMA11
ALMA line is being tested and any confirmation at this line will likely drive the stock to re-test our 30-day-high price at 94/share. If it gets rejected, we may find this stock trading at 61-62 in the next few weeks. I will exit this stock in case of rejection happens.
QuickTrade Idea n. 238 : BABAI am Bullish above $90.79 with target at $92.78
I am Bearish below $86.02 with target at $84.2
Alibaba Analysis 19.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
BABA bucking the downtrend, up from hereBABA finally broke the longterm down trendline, directly at a point of major resistance from 2016.
Multiple other signals including an increase in volume as shorts begin to close, and a solid cross over the 20ma and a successful retest confirm this trade.
BABA | But the Fear | OversoldAlibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others. It operates Taobao Marketplace, a social commerce platform; Tmall, a third-party online and mobile commerce platform for brands and retailers; Alimama, a monetization platform; 1688.com and Alibaba.com, which are online wholesale marketplaces; AliExpress, a retail marketplace; Lazada, Trendyol, and Daraz that are e-commerce platforms; Freshippo, a self-operated retail chain; and Tmall Global, an import e-commerce platform. The company also operates Taoxianda, an online-offline integration service for FMCG brands and third-party grocery retail partners; Cainiao Network logistic services platform; Ele.me, an on-demand delivery and local services platform; Koubei, a restaurant and local services guide platform; and Fliggy, an online travel platform. In addition, it offers pay-for-performance, in-feed, and display marketing services; and Taobao Ad Network and Exchange, a real-time online bidding marketing exchange. Further, the company provides elastic computing, storage, network, security, database and big data, and IoT services. Additionally, it operates Youku, an online video platform; Alibaba Pictures and other content platforms that provide online videos, films, live events, news feeds, literature, music, and others; Amap, a mobile digital map, navigation, and real-time traffic information app; DingTalk, a business efficiency mobile app; and Tmall Genie smart speaker. The company was incorporated in 1999 and is based in Hangzhou, the People's Republic of China.
Long term investment for Investor's Price has taken liquidity on the low side, we will expect bullish movement of AliBaba stock till next year December, after thr retracement of the FVG on the weekly chart , price will be heading up ward
BABA AnalysisPrice has been playing out nicely accordingly to analysis so far. Price took quite awhile to reach the target at bearish POI at 94.95. After mitigation, price reacted strongly to the downside, breaking minor market structure. I'm expecting price to continue lower following the order flow, and to mitigate the bullish POI at 78.85.
COVID Zero Softening ? $BABAI'm following $BABA since a while for now and I think that is one of the biggest companies in the sector. China has a lot a potencial but we have to achive some millestones before we breakout this endless falling we're suffering. I'm LONG $BABA from this point. Perhaps until 85$ where the POC developes.
Alibaba Shares Hit All-Time Low: Is this a worthwhile investment
The Chinese e-commerce giant is in trouble but, if it manages to get out of it and recover, this could be the most profitable investment in the coming decade.
Trade safe!
Oh HelloBaba broke the downtrend channel which is a good sign.
Will need to go above the 200MA and use it as the next support, but having said that there are numerous of down gaps to be filled and act as resistance.
Clearer sky if we can break 116, but as for now need lots of momentum and helps from the CCP.
