Is it finally a good time for BABA?I think that BABA has formed and inverse ascending triangle and it is at the last phase of its corrective painful phase.
BABAF trade ideas
BABA is really taking it's timeBABA is slowly accumulating inside the yellow channel. Once it decides to move should be explosive. The purple box will be the next support. 🧲
aaai #BABA needs to hold here - results 16thAlibaba still making higher swing lows on the daily. We recently broke out this falling wedge but have come back to retest the breakout. Important level to hold if the bulls want further upside. Results on 16th November could be a catalyst for a larger move
Can Alibaba double from here?The Chinese MNC had displayed its last big impulse move in Oct.2022.In this move(labeled wave 1) the Chinese giant gained 106% between Oct.2022 till Jan.2023.
Between Jan.2023 to May 2023 the stock got into wave 2 correction and corrected 61.8% of the wave 1 rally(the correction was an Elliot wave zigzag).
The stock displayed a bit of strength again on the completion of the Zigzag and managed to get a leading diagonal as the first leg of the bigger Third wave that is now anticipated of the stock.
The stock currently is at 80%retracement of the leading diagonal and 77.77$ level is a crucial support for the stock. The current corrective phase seems to lack one tiny leg to the downside(wave c of Z) and as soon as that is achieved the stock should only look North then from here all the way till 160$ mark.
Note*- The chart is based on personal observations/opinions. Kindly do your own research before taking up any trade.
BABA, I changed my mind!I wrote earlier that I was going to take a loss on my BABA jan Calls. Just as I was going to trade out of it, I took another look - here's my conclusion. Hard stop at 80.19 not a penny less otherwise I am keeping my position - STILL BULLISH!
BABA : Sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candle.Thanks!
BABA: sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the support line by a big red candle with a large red volume.Thanks!
Will Alibaba return to its glorious days of 2015?If you have forgotten how Alibaba make its heydays in 2015, read here . Thereafter, two years later, the stock price simply rocket up its way from a low base of 56 to a superb high of 320 in 2020, a mere 5 years period.
Moving forward, I believe more upcoming unicorns especially from China will take even shorter periods , maybe 2-3 years to make this kind of huge returns.
The property market has been causing much unhappiness among the people of China despite the government announcing measures to prop it up (interest rates cut, lower downpayment,etc) Still, the people are hesitant and everyone is sitting on the fence hoping for more and better incentives from the government.
From the weekly chart, we can see multiple support at 81.58 price level , beginning from March 2022. It has been going sideways for more than 18 months without giving its investors much hope of a rally. But now, we are again near the end of the bearish trend and there lies a possibility of yet another breakthrough. Or, it could revisit the next support at the 56.66 price level.
I believe a bottom is nearing and I will be buying on weakness and pullbacks. Please DYODD
$BABA is building a figure for the future longNYSE:BABA shows a half-arranged shoulders for the next long line up.
Potential is to get 100% additional value from the investments to this company within a year.
NYSE:BABA ::96.09->189::+100%::End of 2023.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Please, subscribe and challenge my point of view )
BABA: Buy ideaOn BABA we have a buy idea as you see on the chart because we have the breakout with force the resistance line and the vwap indicator by a big green candle with a large green volume.Thanks!
BABA: Buy ideaBuy idea on BABA as you see on the chart because we have the breakout with force the resistance line by a big green candle with a large green volume.Thanks!
BABA: Sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the vwap indicator and the support line by a big red candel with a large red volume.Thanks!
BABA: Sell ideaOn BABA as you see on the chart we will have a hight probability to have a downtrend if only if we have the breakout with force the vwap and the support line by a big red candle follow by a large red volume. But, in other hand, we can have a reversal trend if we have the breakout with force the resistance line by a big green candle folow by a large green volume.Thanks!
BABA, coming QR give positive outcome?Price was dropped more than 22% from 102.50
ROC showing a good momentum against prce.
It may pullback. But possible for it to form a first HL and swing higher?
When a stock / index has gone up substantially, we must be more care if we decide to get involve in it...
monitor closely and be agile....
we cannot PREDICT what definitely will happen ~ we can only RESPONSE to what we see!
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
Alibaba Group Holding (NYSE:BABA) Has More To Do To GrowIn a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. Having said that, from a first glance at Alibaba Group Holding (NYSE:BABA) we aren't jumping out of our chairs at how returns are trending, but let's have a deeper look.
Return On Capital Employed (ROCE): What Is It?
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets -
Current Liabilities) 0.09 = CN¥126b ÷ (CN¥1.8t - CN¥380b) (Based on the trailing twelve months to June 2023).
Thus, Alibaba Group Holding has an ROCE of 9.0%. On its own, that's a low figure but it's
around the 10% average generated by the Multiline Retail industry.
What The Trend Of ROCE Can Tell Us
There are better returns on capital out there than what we're seeing at Alibaba Group
Holding. Over the past five years, ROCE has remained relatively flat at around 9.0% and the
business has deployed 121% more capital into its operations. This poor ROCE doesn't inspire
confidence right now, and with the increase in capital employed, it's evident that the
business isn't deploying the funds into high return investments.
Long story short, while Alibaba Group Holding has been reinvesting its capital, the returns
that it's generating haven't increased. Since the stock has declined 44% over the last five
years, investors may not be too optimistic on this trend improving either. In any case, the
stock doesn't have these traits of a multi-bagger discussed above, so if that's what you're
looking for, we think you'd have more luck elsewhere.
Gigantic bullish divergence on the Alibaba chartAs you can see the angle of the divergence (the red trendlines) is very steep both ways, which means there is high volatility in this stock. I would not be buying here at this level unless it breaks the 100$ level and manages to hold it as support. It is almost overbought on the 4h00 so it would make sense for it to take a breather before trying to break the 100$ level which recently became resistance.
I will be buying shares of Alibaba upon bullish retest of the top channel at around 83-86$ (the yellow circle). First TP at 100$ and second one at 125$ and then 160-162$ for the gap fill.
To give a little extra perspective on why I'm taking this trade:
The Hang seng index (HSI) is also sitting close to very long term support trend line right now. China isn't going to let their tech sector crash and lose the long term support trend line as we saw a couple of months ago. As soon as that came close to happening during what seems like capitulation selling volume (on march 16th) the CCP started talking about easing regulations and then index moved from 18k to 22k almost instantly. So yeah, just like the FED, the CCP can decide to help the markets when they see key levels being breached. They understand the importance of economic growth and capital inflows.
For longer term swing trades I would look at the 200$ or 215$ levels to take some profits as well.
Good luck with your trades guys
$BABA - showing potentialNYSE:BABA Alibaba is once again showing potential. It is trading within a descending wedge and currently challenging the Point of Control (POC) resistance area.
Both the MACD and RSI are curling up, indicating the development of bullish momentum that might result in a change in the trend.
If it can break above the $89 level, there's potential for further upside.
Upside targets:
$96
$102
$120
Downside risk:
$84
ALIBABA: 1W Bullish Cross leading it to 220. Cycle repeating.Alibaba is neutral on the 1W timeframe (RSI = 46.095, MACD = -1.100, ADX = 22.119) but with the RSI on HL since March 2022. Having crossed already over the 1W MA50 and being on the verge of the first 1W MA50-100 Bullish Cross since April 2019 (and the third ever), this bullish divergence is exactly what has historically formed before BABA's two prior bottoms. The 1W MA50-100 Bullish Cross has been the buy entry signal.
It is evident that all bottom patterns are identical in the form of a Triangle. The target from top-to-bottom has been the 1.786 Fibonacci extension. That is our long term target (TP = 220.00).
Prior idea:
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BABA - When politics interfere...As of last week I had 2 positions in BABA, short term I owned shares, long term I bought January Calls... On the list rip up I closed my short term positions with a tiny loss, you can call it break even. But on my calls I am still bullish. I have better stocks to day trade short term without overnight risk of wars, politics and other bullshit. I am trading TQQQ and SQQQ, however, I still see in my chart a huge potential in BABA, so I allocated a small protion of capital for potential very high return x10 at least..... I was not expecting BABA to be so boring. So, I am done commenting/sharing BABA... it just does not pay to stay within 3-4 range - waste of time. When larger time frame signal develops, I will share.
Alibaba Express E-Commerce Resurgence Sparks Bullish EnthusiasmAlibaba Express Surging in Bullish Glory
Alibaba Express (BABA) is on a remarkable bullish run as e-commerce roars back to life. The stock's resurgence can be attributed to robust earnings, strong sales growth, and expanded international reach. Technical indicators like the Relative Strength Index (RSI) and Moving Averages are firmly in the bullish zone, affirming investor optimism. With the global shift toward online shopping and Alibaba's strategic positioning, BABA is well-poised for further gains, igniting enthusiasm among investors tracking this bullish trend.
Unveiling Alibaba's Secrets: A Technical Analysis of Its Future NYSE:BABA
Based on the weekly ElliotWaves analysis , BABA is currently in a corrective wave structure. The corrective wave structure is a complex wave pattern that can take many different forms. However, the most common corrective wave structure is a three-wave ABC pattern.
BABA appears to be in the wave B of the corrective wave structure. Wave B is a retracement of wave A.
We can expect to see BABA continue to move higher in the coming weeks . However, it is important to note that wave B retracements can be sharp and volatile, so we may have a final push on the downside, before the long-term uptrend begins.
Therefore, it is important to be cautious when trading BABA during the wave B retracement and a stronger price confirmation is needed.
BABA's RSI is currently at approx. 50, which is neutral territory. This suggests that BABA is neither overbought nor oversold. However, the RSI is trending higher, which suggests that BABA is likely to continue to move higher in the coming weeks.
BABA's MACD is currently above its signal line, which is a bullish signal. This suggests that BABA is likely to continue to move higher in the coming weeks.
Potential Direction of BABA on a Weekly Timeframe
Based on the ElliotWaves, RSI, MACD, and other technical tactics, BABA is likely to continue to move higher in the coming weeks. However, it is important to note that the market is unpredictable and there is always the possibility of a trend reversal. Therefore, it is important to be cautious when trading BABA and to use a stop-loss order to protect your profits.
I hope this post is helpful.
This analysis represents is based on the information at the date it is posted.
This analysis does not represent professional and/or financial advice.
You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content found on this profile before making any decisions based on such information.
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BABA AnalysisPrice is on a consolidation right now, with intermediate trend being bearish. Right now, if price breaks 82.64, we should see price going lower back to mitigate the bullish OB at 78.85. If price breaks 87.95, we should see price going higher to fill the FVG at 92.95.
BABA set upBullish idea or 3/C play on baba incoming.
The whole drop from all time high is looking impulsive , meaning that this could be a corrective zig zag play incoming. And that the ultimate bottom might not be in.
The Drop impulse will be in the comment section.
All in all, good set up incoming in my opinion.
