BABA Long PositionAlthough the trendline is downward sloping, the Golden Cross, the bullish MACD and the RSI on the rise may be signs of a temporary bullish reversal. A long position for when the price breaks breaks above the trendline and retests at the support is recommendable. Longby vf_investment443
BABA AnalysisPrice is playing out as analyzed last week. Price is currently mitigating the bearish POI at 85.00. I'm expecting this POI to hold and price to continue lower.Shortby Keeleytwj1
Elliott Wave Analysis BABAElliott Wave Analysis Alibaba Group Details on the chartLongby UnknownUnicorn141912581
Might come close to the 81 mark (Update)28 September - BABA might hit 81 before turning around if the overall sentiment stays bearish . 3 October - BABA hit almost exactly at 81 and then moved down. Appears to still be somewhat bearish and still testing the 81 resistance however if it stays above the top trend line that might become the new temporary support support until one of the other two horizontal lines are consistently broken. Look to see overall short trend before directional bias is assumed.by WeeThePig0
Might come close to the 81 markBABA might hit 81 before turning around if the overall sentiment stays bearish. Shortby WeeThePigUpdated 113
BABA short term bullishweekly falling wedge, deviation from 20/55 week EMA, bullish divergence in week RSI, double bottom. short term: 100 percentage: 33% increase from current priceLongby archieboytom111
Long Term InvestmentI've been watching China stocks for years, I think Alibaba is a good value here. Check out that weekly chart, prices no longer able to touch the bottom of the range. I'll be buying the close of this weeks candle if it stays looking like this. This Friday marks the close of the day, week, month, and quarter. So some big technical closes coming up.Longby Chad_McDeid6
BABA AnalysisPrice did not play out as analyzed last week. The bullish POI at 90.17 has been invalidated and the order flow has changed again. Right now, the daily timeframe is continuing its downtrend. I'm expecting price to do a bullish retracement into the bearish POI at 85.00 before continuing lower.Longby Keeleytwj0
BABA - Wyckoff accumulation patternNo one knows what will happen, but so far this is textbook accumulation pattern according to Wyckoff. Spring next??by Robert0770
BABAI think it is going to fall into 75.85 for the upside I fell if it can break the downtrend 94.39 then go up to 100.25 if it don't get stomped out Shortby obrien93zachary1
BABA Long Swing IdeaBABA has returned to the demand zone within a large range measured between $73.28 and $126.27. It is currently completing a price consolidation within a larger falling wedge at area as well. This is great area to start averaging in a longterm position in addition to the trade idea presented below. Ideally I want to enter trade when stock price drops between $74 and $77. If not, I may wait for an official uptrend to begin, creating a higher high and break & retest of the $86-$88 zone. Trade Idea: Options (Call Contracts) ***$100 Call Strike - Expiration 12/16/22*** Premium = 2.68-2.77 (Discounted price of the stock per share offered within a 100 share contract) ($268 to $277 per contract) Volume = 862 (Number of contracts currently traded) Open Interest = 20k+ (Number of Contracts currently held) Theta = -$3.79 (Dollar amount of premium loss per day) Delta = +$24 (Dollar amount of premium gained or loss per dollar change of the underlying stock) ***105 Call Strike - Expiration 12/16/22*** Premium = 1.94-2.02 (Discounted price of the stock per share offered within a 100 share contract) ($194 to $202 per contract) Volume = 101 (Number of contracts currently traded) Open Interest = 12k+ (Number of Contracts currently held) Theta = -$3.30 (Dollar amount of premium loss per day) Delta = +$19 (Dollar amount of premium gained or loss per dollar change of the underlying stock) ***110 Call Strike - Expiration 12/16/22*** Premium = 1.43-1.50 (Discounted price of the stock per share offered within a 100 share contract) ($143 to $150 per contract) Volume = 2.2k (Number of contracts currently traded) Open Interest = 13k+ (Number of Contracts currently held) Theta = -$2.83 (Dollar amount of premium loss per day) Delta = +$15 (Dollar amount of premium gained or loss per dollar change of the underlying stock) Stop Loss = Stock Price Close below 73.29 (or Price hit $70)Longby Stockstradamus_336
BABAfalling down in my trend it broke my 88.49 I'm looking for it to retest that area again if it falls throw I'm looking for it to go 76.92 for the upside I will see if it pushes thru the 88.49 level in push up to 99.18 Shortby obrien93zachary0
Baba So I’ve been charting baba adding to it any time it hit 87$ support. We’ll this large symetrical trinagle idea has now been broken and daily candle below. On smaller time frames we came back up and backtest as reistance cureently. I am not enjoying seeing this price action which leads me to be alive this is a confirmed breakdown occurring. This can show us a larger move down could be gearing up. We need to keep a close eye on 88$ level but I am closing 75% my postion I have been adding to lower my risk here. Shortby Erictaylor0
BABA AnalysisPrice did not play out as expected last week. I was expecting price to bounce off the bullish POI at 91.93. However, note that price is still well within the main bullish POI at 90.17 where price could mitigate and rally from here, in confluence with filling the fair value gap at 86.73.Longby Keeleytwj2
My biggest mistake in tradingHey all, Nobody is perfect in trading, and lessons can often be costly. I started trading in the summer of 2020, and I have learned absolute boatloads from both being right and wrong since. I'm here to share with you the biggest mistake I have ever made in trading, and what I took from it. When Chinese stocks first started crashing on news of government restrictions & such, I looked to the opinions of others for advice; I recall watching YouTube videos from people, such as Charlie Munger, discussing why they were buying the dip or sizing up on the dip. I ended up trusting these people more than myself for all the reasons they described, and simply threw my money at Chinese stocks that seemed significantly off their highs while U.S. stocks lingered at ATH's. This didn't work, and here's what I learned from it: U.S. stocks are much more predictable than Chinese stocks- Chinese stocks seem to trade very little on fundamentals, and seem to be driven more by pure emotions than any other singular factor. These names will always trade at a discount as long as the U.S. remains the powerhouse economy of the world as Chinese markets are not the markets investors will flock to in times of uncertainty and fear. Markets move together- as I said, Chinese stocks were the first to fall. Instead of seeing Chinese stocks' rapid descent as a future warning sign for U.S. markets, I simply assumed that Chinese stocks were the ones being irrational and were due to follow the U.S. markets back to all-time-highs. This clearly didn't happen. Instead, Chinese markets fell further, and now U.S. stocks are following suit. Foreign markets follow the U.S. market- There have been many points on the charts where Chinese stocks seemed to be accumulating. None of these worked, largely because the U.S. markets have yet to accumulate. I don't believe foreign markets will begin uptrends until U.S. equities begin trending up. Develop a macro thesis, and position accordingly- Since I started trading, I believed that we were in a bubble and were due to crash; I developed this thesis through a bunch of YouTube and looking back at history & charts. This presents a question- why was I buying the dip in Chinese equities if I thought markets were going to CRASH? It doesn't really make sense now, does it? Trend is your friend 'til the end- the most profitable skill in the stock market is understanding when trend has reversed, or identifying if the trend is still intact. While you can bet against trend(I was doing it back in June prepping for a bounce), you should be extraordinarily careful as all the factors are working against you. Chinese stocks reversed in February of 2021, and have been in a downtrend since. Why buy the dip when you can short the rally? Cut losses when you are wrong- Buying the dip on Chinese tech was my most expensive lesson; it could have been double the trouble if I didn't cut losses. When you are wrong, be prepared to admit it, and be prepared to cut losses when it is the case. A cut can become an infected wound if left untreated. I'm not encouraging panic- I am simply advocating that you formulate a plan for if trades go awry. Don't follow the word of others- This is somewhat ironic as I post my ideas for others to see on TradingView and am working to create a hedge fund, but it is important to understand what I am saying here. Many people lack transparency when it comes to losses, and are too prideful to admit when they were wrong(reference GameofTrades on YouTube- the YouTuber that largely crafted my bearish thesis, but who is still desperately bullish). I am not against using the ideas of others, but you shouldn't blindly trust the word of others. The goal of trading should be to be consistently profitable and to be able to accomplish this feat on your own. If you trust other people more than your money more than yourself, I am of the opinion that you should entrust those people with your money whether it be a hedge fund, an ETF like Berkshire Hathaway, or even a mutual fund. Why put all the effort necessary into trading if you are going to follow their trades anyway?by MichaelEugen1887
BABAI would look for a short to the downside 82.80 then watch the fall too 80.31 for the upside it would have to break 99.18 to the upside then 104.80 Shortby obrien93zachary0
Baba A lot of this market is clinging at support. Support zones are the scariest places to buy up. Why? Becuase emotionally you tell yourself it’s going lower, this is going to crash blah blah blah but when markets are ripping green you have an easy time to buy Becuase “oh it’s going to go without me !” Support here on baba yes it’s testing it now many times but it’s showing it’s very strong support. Doesn’t mean it can’t break and drop fast AF but that’s what stoploss is for. I’m still buying this 87 area. I have been for a month or so now. Every time we reach 87.70/88 area inn buying. Good luck Longby Erictaylor110
BABA support, will it hold? BABA currently sitting at support established as of 3/15. No position, but watching closely.by khannan993
BABA AnalysisPrice played out well as analyzed last week. Price has mitigated the bullish POI at 91.93 and is now bouncing up. Potential target for this up move is the highs at 107.16.Longby Keeleytwj0
Waiting for that buyside liquidity ✨Hey Guys, Yurii Domaranskyi here. Risk vs Reward = 1 to 5.89 ✨ It means if you risk here 100$ you may make 589$ Not bad, huh?Longby unfair_advantage8
#BABA Basing with higher lowsAlibaba has been trying to carve out a bottom since March 2022 with its 3rd successive higher low preceded by 2 successive higher highs. Bulls will want to ensure the $87-$88 horizontal support zone is held so as not to make a lower low than the August Base. The bears will be licking their lips for a gap close of $84 but the bulls on the other hand will want to protect this support at all costs for another run to $100 / $110. Longby MarcoOlevano223
BABA AnalysisPrice played out exactly as analysis last week. Price is currently mitigating the bullish POI at 91.93. I'm expecting a reaction to this bullish POI, probable target for this bounce to be the highs at 107.16.Longby Keeleytwj0