Ali Baba GroupAlibaba shares hit a low today, which also formed a strong support zone in this area. It is a good opportunity for long-term investment.Longby Trading-House7
Alibaba Potential Downtrend Breakout At $81.26 16.08.2024Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivanβs Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerLongby Stuart_Cowell7
Alibaba (NYSE: $BABA) Misses First-Quarter Revenue EstimatesAlibaba Group Holding Ltd. (BABA), Chinaβs e-commerce giant, faced a challenging second quarter in 2024, as reflected in its earnings report that missed market expectations. The company, which has been navigating a complex economic landscape marked by rising competition and cautious consumer behavior, saw its shares dip nearly 4% in premarket trading following the disappointing results. Key Financials and Earnings Miss For the quarter ending June 30, 2024, Alibaba ( NYSE:BABA ) reported revenue of 243.24 billion Chinese yuan ($34.01 billion), falling short of the 249.05 billion yuan expected by analysts. Net income also took a hit, dropping 29% year-over-year to 24.27 billion yuan, compared to the 26.91 billion yuan expected. The revenue increase of 4% year-on-year was overshadowed by the significant drop in net income, which the company attributed to a decline in income from operations and an increase in impairments from its investments. Challenges in Core E-commerce Business Alibaba's core China e-commerce business, which has been the bedrock of the companyβs success, continued to face headwinds. Sales from the Taobao and Tmall group, representing Alibabaβs domestic e-commerce segment, fell by 1% year-over-year to 113.37 billion yuan. Despite efforts by CEO Eddie Wu to stabilize and rejuvenate this segment, the company is struggling against a backdrop of increased competition from rivals like JD.com and Temuβs parent company PDD Holdings. The Chinese consumer market, which has been slow to recover from the economic downturn and high job insecurity, further exacerbates Alibabaβs challenges. Although Alibaba reported βdouble-digitβ growth in gross merchandise value (GMV) within its Taobao and Tmall platforms, this was not enough to offset the overall revenue decline. Global and Cloud Segments Show Promise While the domestic market remains challenging, Alibaba's international e-commerce division offered a bright spot. Revenue in this segment grew by 32% year-over-year, driven by strong performances from platforms like Lazada and Aliexpress. This growth reflects Alibabaβs strategic focus on expanding its global footprint and catering to the increasing global demand for affordable Chinese goods. The companyβs cloud computing division also demonstrated resilience, with revenue rising 6% year-over-year to 26.5 billion yuan. This marked the fastest growth rate for the cloud segment since Q2 2022. Alibabaβs cloud unit, which has been a focal point for future growth, benefited from its investments in artificial intelligence (AI) and the introduction of new AI-related products. The cloud divisionβs adjusted earnings before interest, taxes, and amortization (EBITA) soared by 155% year-over-year, highlighting improved operating efficiency and a focus on higher-margin contracts. Strategic Shifts and Future Outlook Alibaba ( NYSE:BABA ) has been undergoing significant structural changes since 2023, including a major corporate overhaul that split the company into six business units. CEO Eddie Wu, who took over leadership in September, has been keen on refocusing the companyβs strategy, particularly within its core e-commerce business. This includes reducing reliance on direct sales and enhancing monetization features for third-party merchants on Taobao and Tmall. Wu has set ambitious goals to return the Taobao and Tmall businesses to growth by late 2025, with new monetization strategies expected to play a crucial role. However, the company remains in a transition phase, and the effectiveness of these strategies will be closely watched by investors and analysts alike. Technical Outlook In the premarket trading session on Thursday, Alibaba's (NYSE: NYSE:BABA ) stock experienced a decline of 3.57%. The daily price chart reveals the presence of a bearish hanging man candlestick pattern. However, it is noteworthy that the Relative Strength Index (RSI) stands at 55.80, implying a neutral position that neither indicates oversold nor overbought conditions. Furthermore, the Moving Average Convergence Divergence (MACD) indicator value of 0.284 suggests a bullish trend, supporting a favorable outlook. A notable observation is the convergence of all moving averages (MA) at a singular point. This pattern often signals a potential shift in trend or a phase of consolidation in the market. Such convergence may signify market indecision, with equilibrium between buyers and sellers. Depending on various factors such as the positions of short-term and long-term moving averages, this signal may hint at an impending breakout in the market. Traders are advised to seek confirmation from price action or additional indicators before making substantial decisions. Conclusion Alibaba's Q2 2024 earnings report underscores the challenges the company faces in a rapidly evolving and competitive market. While the company's international and cloud segments show promise, the core e-commerce business in China continues to grapple with significant obstacles. CEO Eddie Wuβs efforts to stabilize and revitalize this segment will be critical to Alibabaβs future performance, particularly as the company navigates through its ongoing transformation. Investors will be keen to see how Alibabaβs strategic shifts play out over the coming quarters, particularly in light of the intense competition and economic uncertainty that continue to cloud the Chinese market.by DEXWireNews5
Alibaba Group Downtrend Line Rejection At $81.30 15.08.2024Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivanβs Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) DisclaimerShortby Stuart_Cowell1
$BABA - It all depends on ER tomorrow morningNYSE:BABA Alibaba is reporting tomorrow morning. It's make or break for the cup and handle pattern. A full measured move for the cup and handle breakout is $87. Targets: $84 $87 $90 Support: $77Longby PaperBozz2
BABA: Buy ideaOn BABA we would have a hight probability to have an uptrend if only if we have the breakout with force the resistance line by a big green candle follow by a large green volume!Longby PAZINI192
Alibaba Group (BABA) Stock Reaches Over Two-Month HighAlibaba Group (BABA) Stock Reaches Over Two-Month High As shown on the BABA stock chart, the price today has risen to around $80.80βits highest level this summer. The primary driver of bullish sentiment is the anticipation of a positive earnings report from Alibaba Group Holding Ltd for Q2 2024, set to be released on 15th August. According to Dow Jones Newswires: β Lazada, a subsidiary of Alibaba Group, has reached a certain level of profitability, which is a promising sign for the tech giant as it seeks to boost international sales amid slowing growth in China. β Alibabaβs market share has stabilised after a decline in 2021. DBS analysts Sachin Mittal and Andy Yeo note that the Gross Merchandise Value (GMV) of goods sold on Taobao and Tmall has returned to double-digit growth, and Alibabaβs international e-commerce platforms could become a key driver, with an estimated compound annual growth rate of 23% from FY2024 to FY2027. DBS maintains its buy recommendation for Alibaba shares. Technical analysis of the Alibaba (BABA) stock chart shows that: β The price is forming an ascending channel (shown in blue) and has already risen to its median line. However, it remains under pressure from a descending trendline that has been in place since 2023. β The chart shows patterns of false breakouts (marked with arrows) of previous local highs. Itβs possible that a similar pattern (with a return below the psychological level of $80.00) could occur before the report is released. Be prepared for sharp movements in Alibaba Group (BABA) stock around the time of the reportβs publication. It could either meet bullish expectations or deliver a bearish surprise. 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. by FXOpen229
Baba coming out of the cloudIt seems baba is coming out of the cloud. huge buy signal if they beat earnings. I don't think there will be a retracement this time..Time to buy calls.Longby tryhard211
$BABA volatility pricing skew on CALL side before earningsThe high vertical CALL pricing skew on the options chain shows that the CALL options for the September expiration are already much more expensive than the PUT options at the same expected move distance. This suggests that market participants are pricing in an upward move. Let's take a closer look at the probability curve formed by the options chain. I'm very curious to see whether the 8/8 to +1/8 quadrant line will hold the price for BABA, or if it will continue to surge into the Upper Extreme quadrant, heading towards +4/8 until $100. If everything stays the same, something like this could be an interesting lottery ticket for me. I'm thinking about an OTM call butterfly with a short expiration before earnings. I have to admit, Iβm not a big fan of risking on this red/black roulette type of play, but if things stay as they are, I might consider combining it with a 40 or 68DTE credit put ratio below and the call butterfly above before earnings. But we'll see how things look on the day before earnings! by TanukiTrade5
$BABA | Allocation & Watchlist | Market Exec & Buy Stops |Technical Confluences: - Price action has been consolidating between a Wedge pattern - Price action is at a Demand Zone of all-time lows - Price is starting to slowly break above the 200MA - A break above the resistance trendline (been a good support/resistance TL) would be a significant move. Fundamental Confluences: - Considerably cheap valuations - Still one of the largest e-commerce players, don't see it dropping it off anytime soon - China's economy has been weakening and we are seeing efforts by the China government to help boost back the domestic economy. Potential for revenue boost. ________________________________ Putting in my first tranche of NYSE:BABA allocation for my Long-Term portfolio. Gonna be holding this share for years and will continue adding position with Buy Stop orders. Remember, DYOR. ________________________________ Boosts π, Follows βοΈ, Shares π & Comments βοΈ are much appreciated! If you have any ideas or charts, do share them in the 'Comments' section below and we can discuss our perspectives to improve or strengthen our strategies. If you want something analyzed, do drop me a DM. :D ________________________________ Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.Longby weekendanalyst556
Huge discount on AlibabaAUGUST 2016: Share Price: $79 Revenue: $5 Billion Cash: $16 Billion AUGUST 2024: Share Price: $79 Revenue: $31 Billion Cash: $83 Billion target $151Longby Zanokuhle_Capital5
BABA: $155 | Looks like a RESET no stabilization fund SPY DOW are dazzling while this issue seems to be abandoned by speculators until it goes sub 100 interest should kick in by senyorUpdated 7373114
Baba Batting SceneLevel of confidence for this simulation is below 31% but it could go up in case intriguing hits and inflections happen near the dots. Overall my points of interest are the potential numbered inflection points. Time stamp and or price level would suffice regardless of the deviations, but in order to consider any of these setups as potent or viable or to have a decent amount of probable mathematical advantage, we first need to see how we get there and how it looks when it lands in any of the potential setups. Also, there should be some interest in the potential big blue zone of influence but as mentioned, I am more interested to see if Baba bats and hits the dots and sends it on the developed path or at least on one wave out of all of them. by nenUpdated 8
BABA SHORTfailed to maintain the line after it dipped once ! the second dip it's over it's officially weak and we could short it Shortby ChartHouse_5
Anti Bat Bearish Harmonic Pattern on BABAπ Overview: I've identified an Anti Bat bearish harmonic pattern on BABA stock, and it's looking promising for a short trade on the 3-hour chart! π π Chart Analysis: 1οΈβ£ The Anti Bat pattern suggests a potential downward move, with resistance around the $78.13 level. 2οΈβ£ If we hit $78.13, a Shark bearish pattern also begins, providing additional confirmation for the bearish sentiment. π π― Trade Setup: Anti Bat Pattern: Target 1: $77.91 π° Target 2: $73.73 πΈ SL: $81.55 Shark Pattern (if $78.13 is hit): Target 1: $76.02 Target 2: $72.22 π Why I'm Interested: The combination of the Anti Bat and potential Shark patterns strengthens the bearish outlook. ππ These patterns often signal high-probability reversals, and with the confirmation of the Shark pattern, this trade setup becomes even more compelling. π Timeframe: Watching this setup on a 3-hour chart, so keep an eye on shorter-term price movements for the best entries and exits. β³ π Stay Updated: Be ready to adapt your strategy as the price action unfolds. Let's get it! π€πͺπ» #BABA #AntiBatPattern #SharkPattern #HarmonicPatterns #Trading #StockMarket #TechnicalAnalysis #TradeTalkFarsi ππ»Shortby TradeTalkFarsiUpdated 443
BABA: Buy ideaBuy idea on BABA as you can see on the chart if only if we have the breakout with force the resistance line by a big green candle.Longby PAZINI1914
5/13/24 - $baba - small buyer into tmr's AM print5/13/24 - vrockstar - NYSE:BABA - on almost every metric this thing remains cheap. you and i both know this. that seems to be beside the issue and it's more a function of the $AMEX:KWEB-style flows here more than anything. realistically, there's a lot of optionality in the model too that can be communicated that skews more +ve than -ve. they have a bunch of businesses that can be spun/ or valued separately. i equally believe anyone that's recently been accumulating NYSE:BABA is (*not) going to monetize the whole stake on a beat and probably adds to it in a "miss" (whatever that even means at this pt given the valuation and low expectations). therefore the bias remains to the upside here in the print and i'd look to enter here sub $80 on a miss - but realistically i might take a small punt to the upside and look to capture the continued move higher should the nasdaq remain bid thru the close. eyeballing the potential up/downside moves here of +10 vs. -10 they look quite balanced. and again i think the balance of chart strength + low expectations probably keep this thing skewing the expected value up... vs. down into print.Longby VROCKSTARUpdated 227
BABA Looks good above 80-81Excellent BUY opportunity in BABA. Consider entry above 80-81 with Stop Loss @56.95. Position Size : 3% of portfolio. Longby KSLBrokingUpdated 3315
BABA near golden cross patternNYSE:BABA This pattern gives me more confidence to add some more on dips. Main points: - Above previous resistance - Main support $77 - Golden cross pattern on that $77 line + 50 sma + 200 smaLongby mickaelgameiroUpdated 3316
head and shoulders on BABAEasy read on this pattern and I initiated my trade after seeing the bullish flag pattern. and momentum when the pattern broke the neckline.Longby nadfanous7
BABAIt is an open secret that a lot of traders/ investors consider BABA as an exceptional long-term opportunity. They note that BABA is substantially undervalued. This is my second attempt to buy and hold this stock. The first attempt was a break-even trade, this one looks promising - H1 inverse head and shoulders.Longby Alpha_Mind5
Lotto Ticket on BABAi wouldn't mind getting a ATM lotto ticket on this expiring in 80 days. IT is the money that i wouldn't mind losing fully. the pattern is there (although not strong). And the volume is showing weakening of sellers! πΆLongby TradeTalkFarsiUpdated 7
AliBaba ~ $140After dropping 80% where all the bubbles deflate! Alibaba on the not so good news from China is moving in a correction upwards in the form of an ABZ zigzag. First available target is 140. Whether there will be a continuation of the move - we will consider after reaching the target Longby DevilOfTradeUpdated 1119