Alibaba : Anticipating handsome 55% + GainsHi friends,
Target & Stoploss are mentioned on the self explanatory chart .
Note : I am not SEBI registered advisor . Please consider my analysis for education purpose only .
BABA trade ideas
BABA bottom is in.
BABA just did a daily close under the Weekly BBB.
And then it bounced.
Chinese equity has been sideways-down since the impulse up 50% in a week.
I'm calling the bottom of that sideways-down movement.
Chinese equity to run now.
BABA bottom is in.
BABA just did a daily close under the Weekly BBB.
And then it bounced.
Chinese equity has been sideways-down since the impulse up 50% in a week.
I'm calling the bottom of that sideways-down movement.
Chinese equity to run now.
BABA - Symmetrical triangle breakout -Daily - LongThe pattern in the Alibaba (BABA) chart looks like a symmetrical triangle breakout, not a descending wedge. Here's how it aligns:
Symmetrical Triangle: This pattern consists of converging trendlines, where both the highs and lows are moving towards a point, forming a triangle. It typically indicates a period of consolidation before the price breaks out, either upward or downward.
Breakout: In this case, the price has broken out upwards from the symmetrical triangle, which is often a bullish signal when seen in an uptrend or after a prolonged period of price consolidation.
Measured Move: The target price is calculated by measuring the height of the triangle and adding it to the breakout point. This gives a potential target around $157.21 as marked on the chart.
Volume Confirmation: The breakout is supported by a surge in trading volume, which helps validate the breakout's strength.
In summary, the symmetrical triangle breakout suggests a continuation of the bullish momentum, with key targets around $117 (first target) and $157 (second target).
AlibabaDisclaimer: Information provided is not financial advice. Consult a qualified professional before making investment decisions. Past performance is not indicative of future results. Invest at your own risk.
BABA bullish above 80if sustains 80 on daily closing basis, BABA is bullish and will head towards 88/92/96+
Downtrend breakoutThe stock has broken the 3 year downtrend. Buy at 93.90 for a Target of 290. Accumulate between 78-94. With a strict SL of 75.
Alibaba Group Holdings - Weekly LongGo Long - Alibaba
Good Weekly Demand Zone
Take Entry 84-85
Target 1 - 100
Target 2 - 117
SL - 78
Holding Time Few Weeks post entry
BABA - $NYSE - US STOCKS NYSE:BABA
* Am expecting " BABA" -$NYSE stock to go UP slightly for some days
BABA Long Trade PlanBABA Long Trade Plan
EP: 112.31
SL: 104.77
TP1: 121.59
TP2: 129.85 (trailing SL and ride towards TP3)
TP3: 155.21
Do you think ALIBABA is a good bet for future?The U.S.-listed shares of Alibaba ended a historically strong month on a high note Wednesday, as the China-based e-commerce giant was swept up in the hope that the country will loosen its strict zero-COVID policy.
This stock has been in news articles stating that Alibaba is good for long term investment and it can reach to new highs very soon.
Alibaba's problems started in late 2020 when the Chinese government launched an antitrust probe into its e-commerce operations. That investigation culminated in a record fine of $2.8 billion the following April, as well as bans on its exclusive deals with merchants and tighter restrictions on its promotions, marketing campaigns, and investments.
Few years back many articles prominently placed on the value proposition of Russian stocks, even after knowing that Russian authorities do not respect the rule of law. Experts used to say that market has already discounted that risk.
We saw what the outcome was sometime after Feb 24th, 2022 when almost all Russian stocks held abroad became effectively worthless.
Xi has publicly stated that his goal is to re-unite China. Why would we not believe him? Sources in the NSA say that the timeline has been accelerated. We know the Chinese Navy build out is very much keyed on Taiwan "defense" (invasion).
Investing in China is a terrible idea, unless of course you like to gamble. We should avoid countries that don't abide by the rule of law.
A Chinese invasion of Taiwan would result in western sanctions that would destroy any equity value of Chinese stocks, sure as happened with Russia.
Also, Alibaba might be a great investment if China's economy were still growing rapidly, its antitrust regulators were more relaxed, and its home government didn't repeatedly disrupt retailers with zero-COVID policies. But those problems all continue to cast dark clouds over Alibaba's future, and they make it tough to recommend buying the stock as a turnaround play.
What are your thoughts on not just Alibaba but other Chinese stocks that are listed in US markets?
Alibaba Group Holdings Ltd Hi Everyone
This is an forecast of Alibaba group Holdings we have completed wave 1 called M1 ( medium term forecast). Time frame for Medium term forecast is usually 2 to 4 weeks.
We are currently in wave M2 which is still progressing but almost in last stage. So price should move downward unless it brakes invalidation Level.
use our tradingview live links for the update in counts.
Thank You
BABA easyIMO everything will follow the path of China. Everything we own says "made in China" -- so why aren't we following BABA as a guide??? Our indices have followed the path. Our big caps are following the path. We don't need to reinvent the wheel. It's right there...
I don't known anyone else who does this simple channel scheme w the charts. There may be a better way. It's is a no nonsense, no need for mult indicators etc analysis. Most companies will follow a Livermore-esque pattern. Up, consolidate (cone or rectangle), pump to peak (distribution if ur a Wyckoffer), back down to size. They can rinse and repeat the cycle for larger and larger cycles (a la Bitcoin-- though she has her own special personality).
I do like some indicators for timing and confirmation. What the super pros in the history of trading will all say is: when in doubt zoom out. The mistakes I see when I read through other published ides on TV is that people fail to zoom out.
BABA _ LongNYSE:BABA
Daily time frame short term upside movement expecting
Morning star formation in support zone
T1 101$
T2 119$
SL 75$
BABA Investment Plan - 21/Mar/2022Hello Traders,
Hope you all are doing good!!
I expect this stock to shoot up from around 80-85 price level after completing the correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
BABA: SELL at 87 SL 89 TGT 70SELL BABA at 87 Target of 70 ad Stop-loss of 89
For education purposes only.
Ali Baba Holdings Look for short term buys and long term sells for Ali Baba Holdings, we have H1 supply order block from where we can look for sell if we have LTF BOS, if H1 Supply block compromised then look for buying opportunity... H1 Demand zone can act as strong support zone if price broke the zone then look for buys at Daily demand zone
Ali Baba HoldingsThough the long term bias for Ali Baba holdings is SELL,If price broke 128 level then we can look for retracement buys at Daily demand zone, look for LTF BOS before taking any trade
Alibaba Group HoldingsAlibaba is currently trying to show reversal from Daily chart. The stock has a strong return potential for those who are willing to lock in the money for 6 months to an Year. All short and long term targets are marked!!
Bullish on AlibabaThere's an RSI Divergence at the oversold zone in this scrip and it had bounced back from the support recently. So I'm bullish on this scrip in coming months.
