BABAF trade ideas
$BABA - Well well...NYSE:BABA Looks like we may have a proper inverse head and shoulder with a neckline at $78. The right shoulder is yet to complete. Anything can happen.
As I said in my Feb 7 post, $70 support is critical.
Upside Targets:
$78
$84
$88
Downside risk:
$63
BABA Alibaba Options Ahead of EarningsIf you haven`t exited BABA when SoftBank sold its huge stake in the company:
nor reentered the technical rebound:
Then analyzing the options chain and the chart patterns of BABA Alibaba prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-4-19,
for a premium of approximately $4.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA's Bullish flag before earnings!A bullish flag is a technical analysis chart pattern that signals a potential continuation of an uptrend.
It is characterized by a sharp price increase (the flagpole), followed by a brief period of consolidation (the flag), and then a breakout that confirms the uptrend.
The key elements of a bullish flag are:
Flagpole: A sharp price increase, usually on high volume.
Flag: A period of consolidation, with prices trading between two parallel trendlines. The consolidation typically lasts for a few days to a few weeks.
Breakout: A price move that breaks above the upper trendline of the flag, typically on high volume.
This confirms the uptrend and signals that the price is likely to continue moving higher.
Bullish flags are considered to be relatively reliable continuation patterns, but they are not foolproof.
The longer the flagpole, the more reliable the pattern is likely to be.
The higher the volume during the breakout, the stronger the signal.
Bullish flags are more likely to occur in strong uptrends.
Bullish flags are not guarantees of future price movements.
BABA - Attempt #2Although BABA missed rev the buybacks and EPS was Bullish. I believe the previous rally was supposed to trip up investors with the next pump being much more explosive, leaving BABA loves sidelined. FOMO on this baby will pump it back. Near term PT is $87.
Alibaba's Bold Moves: A Strategic Shift Towards Stability
Alibaba ( NYSE:BABA ), China's internet giant, has made headlines once again with its recent fiscal third-quarter earnings report. Despite market volatility, the company showcased resilience by surpassing revenue expectations and announcing a significant increase in its share buyback program. However, amidst these positive developments, BABA shares experienced a notable decline, leaving investors pondering the implications of Alibaba's strategic maneuvers.
Revenue Surpasses Expectations:
In a demonstration of strength, Alibaba ( NYSE:BABA ) reported fiscal Q3 revenue of $36.67 billion, surpassing analysts' expectations. This robust performance underscores the enduring appeal of Alibaba's e-commerce platforms, Taobao and Tmall, which collectively witnessed a 3% year-over-year growth in local currency. Additionally, the company's cloud intelligence group reported a 3% increase in revenue, further solidifying its position in the competitive cloud computing market.
Share Buyback Program Expansion:
In a bold move, Alibaba |( NYSE:BABA ) announced a staggering $25 billion increase to its share repurchase program, signaling confidence in its future prospects. Chief Financial Officer Toby Xu emphasized that this decision reflects the company's unwavering belief in the trajectory of its business and cash flow. This significant capital allocation strategy underscores Alibaba's ( NYSE:BABA ) commitment to maximizing shareholder value amidst market uncertainties.
Strategic Priorities and Investments:
Alibaba's ( NYSE:BABA ) leadership outlined strategic priorities aimed at reigniting growth in its core businesses, particularly e-commerce and cloud computing. Chief Executive Eddie Wu emphasized plans to enhance user experiences on Taobao and Tmall, reinforcing the company's market leadership. To support these initiatives, Alibaba ( NYSE:BABA ) intends to ramp up investments, positioning itself for sustained growth and competitive advantage in the coming years.
Market Response and Investor Sentiment:
Despite Alibaba's ( NYSE:BABA ) strong financial performance and strategic announcements, NYSE:BABA shares experienced a notable decline, reflecting broader market dynamics and investor sentiment. While risk-tolerant investors may view recent price movements as an opportunity, others may exercise caution amidst lingering uncertainties surrounding regulatory scrutiny and geopolitical tensions.
Conclusion:
Alibaba's ( NYSE:BABA ) fiscal third-quarter earnings report showcases the company's resilience and strategic foresight amidst challenging market conditions. With revenue surpassing expectations and a substantial expansion of its share buyback program, Alibaba ( NYSE:BABA ) reaffirms its commitment to long-term value creation. As the company navigates evolving market dynamics, investors will closely monitor its execution of strategic priorities and its ability to capitalize on emerging opportunities, shaping Alibaba's trajectory in the global marketplace.
Alibaba's Strategic Shift: Challenges and Opportunities
Introduction
In the whirlwind of global economic fluctuations and regulatory scrutiny, Alibaba Group (NYSE: NYSE:BABA ), the Chinese e-commerce behemoth, has found itself at a critical juncture. Recent developments, including a shift in management and strategic restructuring, signal a concerted effort to navigate a complex landscape of challenges while leveraging potential opportunities. Let's delve into the intricacies of Alibaba's (NYSE: NYSE:BABA ) recent moves and explore the implications for investors and stakeholders alike.
Navigating Turbulent Waters:
Alibaba's (NYSE: NYSE:BABA ) resilience in the face of adversity has been tested repeatedly, with regulatory crackdowns and economic headwinds casting a shadow over its once-unstoppable growth trajectory. However, amid the storm, the company is charting a course toward greater focus and efficiency. The decision to divest non-core assets, including grocery business Freshippo and retailer RT-Mart, underscores a strategic realignment aimed at reinforcing the company's core strengths while shedding underperforming ventures.
Strategic Realignment:
Under the stewardship of Chairman Joe Tsai and newly appointed CEO Eddie Wu, Alibaba is undergoing a fundamental shift in its business model. The emphasis on consolidating its core profitable e-commerce operations reflects a pragmatic approach to resource allocation and risk management. By streamlining its portfolio and doubling down on key growth drivers such as AI, cloud computing, and overseas expansion, Alibaba is positioning itself for sustained success in a rapidly evolving digital landscape.
Unlocking Value:
The potential divestment of assets, while initially raising eyebrows, represents a calculated move to unlock value for shareholders. By jettisoning non-core, loss-making units, Alibaba (NYSE: NYSE:BABA ) aims to streamline its operations and enhance shareholder returns. Moreover, the company's prudent financial management, highlighted by a robust balance sheet boasting significant cash reserves, instills confidence in its ability to weather short-term challenges and capitalize on long-term growth opportunities.
Redefining Priorities:
Alibaba's (NYSE: NYSE:BABA ) strategic realignment is not merely a reactionary measure to external pressures but a proactive reevaluation of its long-term priorities. The decision to conduct a strategic review to distinguish between "core" and "non-core" businesses underscores a commitment to strategic agility and adaptability. By aligning its business strategy with emerging market dynamics and consumer preferences, Alibaba (NYSE: NYSE:BABA ) is positioning itself as a nimble player capable of seizing opportunities in a rapidly changing landscape.
Conclusion:
In conclusion, Alibaba's (NYSE: NYSE:BABA ) recent strategic maneuvers signify a decisive step towards sustainable growth and value creation. Despite facing headwinds from regulatory uncertainty and economic challenges, the company remains resilient and resourceful. By refocusing on its core strengths, divesting non-core assets, and embracing strategic realignment, Alibaba is laying the groundwork for a new era of innovation and prosperity.
Bullish on $BABAI see some strenght here and volume gap above. Earnings could be the catalyst. If confirmed, NYSE:BABA can reach $73 soon and $85 a bit later.
BABA, BIG POTENTIAL FOR EARNINGS BREAKOUT (BULLISH)Like the title says, Bullish.
There is so much going on behind the scenes based on the world events today.
BUT, in the end, BABA is going to be a big supplier of goods across the Asia continent, and there are a LOT of people to sell to.
Put/Call chart is included, I've highlighted the outliers.
Does this mean I'm suggesting to yolo puts and calls? Probably not, but to be totally honest, if you do, I wish luck and hope you make bank. However, I'd say it's risky for short term options.
Long term options on the other hand, if you can buy the spread dip, I like the prices on calls.
I personally think BABA will be a rise and crash stock.
There are numbers showing well in the range of 600 and 700.
Similar to TSLA (previous run), META (current run). Similar, not exact, but similar.
Would I be surprised if the stock was $800 by Sept, NOPE.
Would I expect the stock to be at $800 by Sept, NOPE.
Possible and probable are two different things.
I'm currently eying the potential to hold $63, and maybe even already has and will hold $69, but it's good to be prepared on the low side in case of drops.
RSI is in alignment for one hell of a move to the upside should it want to use earnings as an excuse to rocket.
Basically, in all, my opinion on BABA based on the chart, I'm a fan currently.
In other words, there is a better than average chance for profit and limited losses should you decide to buy at these levels.
If you invest in amazon, you'd probably love BABA, especially if you can sell one at a high, and buy the other at a low, and then keep repeating the process until you own them both.
Good luck!
Alibaba Group Holding Limited (‘BABA’)
Shares in Alibaba Group Holding Limited (symbol ‘BABA’) incurred losses in the fourth quarter of around 11%. The company’s earnings report for the fiscal quarter ending December 2023 is set to be released on Wednesday 7th of February, before market open. The consensus EPS is $2.40 compared to the same quarter of last year at $2.44.
‘As of 30/09/2023 the price to earnings ratio (P/E ratio) of the company was at 9.39 which is considered relatively low compared to the average of S&P 500 for example which is around 23. This means that investors are not expecting any significant growth for the company and are somewhat reluctant to invest. Also the company has around 3.2% more long term debt year over year and is making up almost 25% of the total liabilities.’ said Antreas Themistokleous, an analyst at Exness
On the technical side the price is testing the resistance level of the 50 day moving average trading just above the support of the 78.6% of the monthly Fibonacci retracement level. The Stochastic oscillator has moved away from the extreme overbought levels while at the same time the faster moving average is trading below the slower one indicating that the overall bearish momentum in the market is still valid. If the price manages to make a valid break above the 50 day moving average then the first level of possible resistance might be seen around the $80 price area which consists of the psychological resistance of the round number, the 100 day moving average and is also just below the 61.8% of the monthly Fibonacci retracement level.
a daily price action after hour update - alibabaGood evening and i hope you are well.
I do the occasional price action analysis of individual stocks and today i try to get my opinion across for alibaba or the death of capital as i see it. I think mostly trapped bulls will click on this, having hopes that someone besides them think "IT JUST CAN'T GO LOWER AND IT HAS TO RALLY".
The only question right now for this stock is, what comes first: Touch of monthly 20ema or 60 ? Who knows. I surely don't and neither do you. Right now bulls are making some tails below bars but the last time a month printed above the previous one was 2023-07. I drew 2 bear trend lines which make me think the odds of trading to 60 are higher than going up. I have zero hope for this until 60 or lower is tested multiple times and it then manages to trade above the monthly 20ema again.
Alibaba group to goo long in few weeksAlibaba just hit the lowest level n ready for the long term invest, am seeing a good opportunity to invest n hold in bigger time frame,as institution trader your job is to generate the liquidity into positions.
BabaWeekly volume inflow last week was enormous, add to that you have a bullish engulfing at the bottom of a falling wedge and its a nice setup to belong here into Qt2.
Weekly MACD flipping over bullish also
The move should be 30% upon wedge breakout, which would put Ali baba at 100 by mid spring.
My targets are
77
90
103
$BABA, Could it be main investment opportunity of 2024 ? With Alibaba trading at a depressed valuation, is this a compelling buying opportunity? While the current price presents an attractive entry point, it's essential to conduct a thorough analysis before making any investment decisions. I'll be employing the EW 2.0 model to assess the company's historical price movement and identify potential buying signals.
BUY BABAAlibaba is one of the world largest online and mobile commerce company. It operates China's online marketplaces, including Taobao and Tmall. The company is one of the most referential in the country.
One of China's most valuable companies.
Annual revenue growth, USD 125 billion TTM.
Low valuation multiples versus industry.
Pricing at 2016 levels.
$BABA COORECTED ELLIOT WAVE ANALYSIS In my Elliott Wave analysis of BABA, I've observed a corrective pattern since its inception, with the peak occurring during the 2020 bull market. The correction seemed to have ended when BABA hit bottom in 2022. Following this, it appeared to start a new upward wave (wave 1), followed by a corrective phase (wave 2), which now seems to be complete. It's important to note that the placement of the other waves is solely for identification purposes and does not indicate any specific targets. This suggests that BABA could be gearing up for a bullish wave 3, making it quite promising for the long term.
$BABA COMPLETE ELLIOT WAVE ANALYSIS Based on my Elliot Wave analysis of NYSE:BABA , it appears that the stock has been following a corrective pattern since its inception, with the peak occurring during the 2020 bull run. Since then, it has been in wave B, currently progressing into subwave C of wave B. The trend is strongly bearish, indicating a downtrend.
I anticipate wave B to conclude around $18.90, although this is an estimation derived from Fibonacci ratios and could potentially fluctuate between $58.01 and $18.90. However, considering the length of sub wave A, the likelihood leans towards the $18.90 mark.
Why Alibaba stock is poised to reach at least 85$Investors and market analysts are closely monitoring Alibaba Group Holding Limited (BABA) as the stock appears to be gearing up for a significant upward movement, with a target price of at least $85. Several key indicators, including the formation of a higher low on the 1-week chart, robust fundamentals, and the upcoming earnings call, suggest a promising outlook for Alibaba.
Higher Low Formation on the 1-Week Chart:
Traders and technical analysts are observing a compelling chart pattern on the 1-week timeframe, indicating the formation of a higher low. This technical signal is often associated with a potential trend reversal or continuation. The higher low suggests that buyers are stepping in at higher price levels, demonstrating increased confidence in Alibaba's stock.
Strong Fundamentals:
Alibaba's fundamentals remain robust, contributing to the positive sentiment surrounding the stock. Key factors include:
Revenue Growth: Alibaba has consistently demonstrated impressive revenue growth over the past quarters, driven by its diverse business segments, including e-commerce, cloud computing, and digital entertainment.
Profitability: The company's profitability metrics continue to strengthen, with a healthy profit margin and improving operational efficiency.
Market Dominance: As a global e-commerce giant, Alibaba maintains a dominant position in the Chinese market and has successfully expanded its reach internationally.
Upcoming Earnings Call:
Investors are eagerly awaiting Alibaba's upcoming earnings call, which is expected to be a significant catalyst for the stock. Market analysts anticipate that the company will surpass earnings expectations, citing several factors:
E-commerce Growth: The continued expansion of Alibaba's e-commerce ecosystem, especially in the rapidly growing Chinese market, is expected to drive strong revenue growth.
Cloud Computing Segment: Alibaba's cloud computing division has been a major revenue driver, and the increasing demand for digital services is likely to contribute positively to the upcoming earnings.
Innovation and Partnerships: Alibaba's commitment to innovation and strategic partnerships, including those in the fintech sector, is anticipated to have a positive impact on the company's financial performance.
High Probability of Beating Expectations:
Analyst consensus points towards a high probability of Alibaba exceeding earnings expectations. The company's proactive measures in adapting to changing market dynamics, coupled with its ability to capitalize on emerging trends, position Alibaba as a strong contender for a positive earnings surprise.
In conclusion, the convergence of a higher low formation on the 1-week chart, robust fundamentals, and the optimistic outlook for Alibaba's upcoming earnings call suggests a compelling case for the stock to move up to at least $85. Investors are advised to keep a close eye on these factors as they navigate the dynamic landscape of the stock market.
BABA AnalysisPrice played out nicely as analyzed last week, taking out the sell-side liquidity and into the bullish order block at 69.80, and giving us a +13.49% to the upside. From here, I expect a bearish retracement and price could continue higher following the new bullish order flow.
$BABA - its' a tough one to breakout ofNYSE:BABA Of course, it won't be easy to break out of that channel. The 50DMA and the trendline are tough resistance.
You can see that the 50DMA is tracking along the channel's upper trendline, making any breakout attempt a challenge.
My targets previous post remain unchanged.
Alibaba Hello friends
In Alibaba shares, we see a 5-wave movement.
This movement is a wave C of a correction.
This movement can be traded in case of breaking the downward trend line that has formed a channel and a pullback to it.
This breakdown and pullback can be the beginning of a correction or a 5-wave.
Be successful and profitable.
