Technical ResistanceThe profit entry point should not be lower than the price of 86.63. Therefore, if the opening price is lower than the anticipated price, it is not advisable to enter for profit on the upward leg.
BABA trade ideas
Break down on technicals for Alibaba near historical lowsHi Guys. As always, heres a macro chart setup i've found to be a MUST WATCH, at the very least if not a potential long.
Analysis done on 1 week, indicating a macro analysis.
Alibaba (BABA), at current prices is roughly 75% from its blow off top in 2020.
Around October- November 2022, we tested support at the historical bottom and bounced to test the Resistance zone with a REJECTION.
Bringing us to our current price action where we have managed to maintain a HIGHER LOW.
This supports the idea that perhaps trend is shifting towards BABA wanting to move UP.
Notice also the Blue, Green and Purple Moving averages, Flattening out. This can be an indication that price is showing demand after moving averages moved down so much from the highs.
look for curve up in MA with crosses happening. This would be significantly supportive of probabilities we see Uptrend.
Essentially the order from top to bttom we want to see is:
1. Purple on top
2. Green next
3. Blue below that
4. Red below all
This is an indication of a Bull cycle. As you can see blatantly in previous history.
Notice also Volume which has been steadily increasing since 2019. Maintainence of Higher lows on Volume is also a good sign, that perhaps BABA may rally if we continue this volume trend.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on BABA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
BABA Alibaba Group Holding Limited Options Ahead of EarningsIf you haven`t bought BABA before the previous earnings:
Then analyzing the options chain and the chart patterns of BABA Alibaba Group Holding Limited prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $2.74.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BABA is now Uptrend and BullishBaba has been hovering sideway since DEC 2023
Last 2 weeks triggers 2 Slow Turtle Buy signals.
This time, the signal appears above EMAs which indicating Bullish.
20x50 EMA Golden Cross also detected indicating Uptrend (Notice that price structure starting to form Higher Low and Higher High).
MCDX Retailer is now 0% insignificant seller while Banker Spike crossing above lowest point of Retailer (Dec 2023) is a good sign of Bull Rally.
Alibaba (BABA) coiling like a springBABA share price continues to fall, but there's a ginormous RSI divergence on the weekly that's hard to ignore.
Going to keep a close eye on this one and see if it enters the green zone again. Think this would be a nice long-term play, alongside NASDAQ:PYPL , with a chance of it retesting $84 in the future.
The Share Price of Alibaba (BABA) Has Reached Its Yearly HighThe Share Price of Alibaba (BABA) Has Reached Its Yearly High
On 14 May, Alibaba released its first-quarter performance report:
→ Earnings per share: actual = $1.404, expected = $1.421;
→ Gross income: actual = $30.716 billion, expected = $30.502 billion.
The fact that earnings per share were slightly below expectations did not disappoint investors much, as on 16 May, Alibaba's share price (BABA) reached a yearly high, exceeding $86, forming a wide bullish candlestick with a close near the top (a sign of strong demand).
Positive sentiments were also driven by:
→ Another Chinese company, JD.com, released a report that exceeded expectations;
→ US regulators published information that well-known investor Michael Burry invested in Alibaba shares. David Tepper, head of the hedge fund Appaloosa Management, also holds a bullish outlook;
→ According to a note published on X (Twitter) by Citron Research analysts, Alibaba's share price could rise to $100.
According to the technical analysis of the BABA share chart:
→ The price broke upwards from a narrowing triangle (shown in red lines) – this is a bullish sign;
→ In April, the price did not reach the lower boundary of the triangle at its lowest point – this confirms strong demand;
→ The purple rectangle can be seen as the range in which large hedge funds accumulated BABA shares;
→ Extending the height of the rectangle upwards from its upper boundary, we get a resistance level of $87, which is where the current quotation is located.
It is also worth noting that the psychological level of $100 per BABA share acted as resistance last summer.
Given the above, it is reasonable to assume that BABA's share price could form a significant rally in the long-term with short-term corrections.
According to TipRanks, the average forecasted price for BABA shares in 12 months is $105.13.
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.
Alibaba Stock Soars 7.56% After Strong JD.com ResultsAlibaba stock ( NYSE:BABA ) saw a 7.66% gain in afternoon trading on Thursday, thanks to a revenue beat from JD.com. Despite the slight revenue boost, Alibaba's earnings and revenue growth accelerated slightly from the prior quarter, up 13% and 2%, respectively. On an adjusted basis, Alibaba ( NYSE:BABA ) earned $1.40 a share, down 10% year over year, while revenue edged higher by 1% to $30.7 billion. The company announced a two-part dividend, including an annual cash dividend of $1 per American depository share and a "one-time extraordinary cash dividend" of 66 cents per ADS, totaling $4 billion.
In late March, Alibaba ( NYSE:BABA ) abandoned plans to list its logistics arm in Hong Kong, but the news did not lift Alibaba stock ( NYSE:BABA ) out of its downtrend. The cancellation of the listing poses more challenges to a restructuring plan announced last year by Alibaba ( NYSE:BABA ), which would have split the e-commerce giant into six separate companies.
NYSE:BABA stock rallied sharply on February 6 after the company reported fiscal Q3 revenue of $36.7 billion, up 2% from the year-ago quarter and slightly above the $36.16 billion consensus. However, adjusted profit fell 4% to $2.67 a a share. Investors also liked the fact that Alibaba ( NYSE:BABA ) added $25 billion to its share buyback program through March 2027.
Alibaba stock ( NYSE:BABA ) plunged in mid-November despite reporting an 18% rise in quarterly profit and a 6% increase in revenue. The company surged on Jan. 23 on reports that co-founder Jack Ma and business associate Joe Tsai have been buying shares of NYSE:BABA stock in recent months. In September, Alibaba ( NYSE:BABA ) came under selling pressure after outgoing CEO Daniel Zhang unexpectedly stepped down as head of the company's cloud business.
Alibaba stock ( NYSE:BABA ) surged above its 200-day moving average on July 7, following Chinese regulators fined the company's financial arm, Ant Group, just under $1 billion. In April 2021, Alibaba ( NYSE:BABA ) was hit with a $2.8 billion fine in an anti-monopoly probe. However, after three years of regulatory scrutiny, optimism is building that Beijing is close to ending its crackdown on tech firms. In March 2023, Alibaba ( NYSE:BABA ) announced plans to separate into six separate units, each with the ability to raise outside funding and even pursue an IPO. The company is likely to maintain its cloud/artificial intelligence business and giant e-commerce operations.
In April 2020, China regulators fined Alibaba ( NYSE:BABA ) $2.8 billion after an antimonopoly probe. At the time, it appeared that Alibaba stock ( NYSE:BABA ) was ready to break out of a downtrend but got turned away at its 50-day moving average. It tried to rally above the 50-day line again in late April but sellers knocked the stock lower again.
According to recent reports, Alibaba ( NYSE:BABA ) is expected to earn $7.98 a share in fiscal year 2025, down 7% compared to fiscal 2024. For fiscal 2026, earnings are expected to rise 14% to $9.07 a share.
[long-term] 200% profit expect BABA Price PredictionBABA Price Prediction
Welcome to this updated analysis on BABA
Let’s get right to it!
This information is to be used for educational purposes only
TRANSPARENCY Strategy
BABA: Sell ideaSell idea on BABA as you see on the chart because we have the breakout with force the support line and the vwap by a big red candle.Thanks!
a monthly price action after hour update - alibabaGood Morning and I hope you are well. A quick one on #baba
Alibaba
comment: Last time I wrote about Baba I said this
"medium-long term: Sideways until no lower lows and consecutive bigger bull bars without an immediate selloff the next days"
The stock found it's bottom and points upwards. Many tails around the 68/70 area below and big bull bars now appearing. The monthly 20ema will most likely be hit soon, where I expect a pull-back to then break above to the 100$ level again. China is printing again and from a technical perspective the stock has seen the worst days IMO. Can see 120 over the next 6-12 months again. Where you put your stop? Probably 80 or you want to hold for longer term and scale in lower.
current market cycle: trading range
key levels: 63 - 120
Baba One Of the biggest opportunities this yearThis stock has so muck fame Invester Charlie Munger called it a value trap!!!!
This is all arguable right especially on when you purchased this right$
I Believe his average price was in the low $200's!!! In this scenario we are picking it up under $80, BUY BUY BUY
complete difference.
1 of my top picks for sure 6-8-12x potential Long Term
its hitting a critical resistant point on chart as well for a blast off
BABA'S Divergences.!Nothing to add here, we have a probability of a 9% Bullish move coming soon. Using one strategy is very dangerous thing to do.!
BABA's New thread of some TA & updating older ideas.! 1/Still no "Touch down"@ support lines RSI & Price "Green lines)
2/@(-68%) only 2ed to July 2015@(-73%)
3/+45% after W get a trough, if we do not have it already.!
4/This analysis is basically wrong
-Ever probable, applicable & else absolute
South Korea Signs Agreement With AliExpress on Product SafetySouth Korea's government has signed an agreement with Alibaba's, AliExpress, and PDD Holdings' to promote product safety. The agreement comes after heightened regulatory scrutiny of these Chinese e-commerce platforms, which have significantly expanded their user base in South Korea. Safety inspections on products sold on these platforms detected harmful substances, threatening consumer safety. The Korea Fair Trade Commission (KFTC) said that the agreement was necessary due to the increased scrutiny on consumer safety related to overseas online platforms.
Temu co-founder Qin Sun stated that the government will continue to strengthen monitoring to block the distribution of harmful products, such as overseas recall products, in Korea. AliExpress Korea's CEO Ray Zhang stated that the platform had stepped up consumer protection policies since March, including a customer hotline without language barriers and faster returns.
Under the agreement, the government will provide data and check whether harmful products have been blocked from sale by the platforms. The KFTC is also pursuing the passing of a Consumer Safety Act that will assign legally binding responsibility to platforms. This is the first time Temu has signed such a voluntary agreement anywhere in the world, although AliExpress has a history of signing such agreements with the European Union and Australia.
Technical Outlook
NYSE:BABA stock is up 5.5% on Monday's early trading session starting off on a clean slate. The stock has a Relative Strength Index (RSI) of 72 which is clearly overbought. Traders ought to be cautious of a trend reversal or correction to feel the upward gap formed
BABA shortBABA still struggling despite a wider rally in other tech stocks., 74% confidence. Target is $67.32, S/L would be the previous swing high at around $78/
BABA GO UP AFTER EARNINGS ? $89.94Unpacking Alibaba’s Stock Rise to $89.94
Alibaba, the multinational conglomerate specializing in e-commerce, retail, internet, and technology, has seen its stock price climb to $89.94. This significant increase is a result of a multitude of factors that have positively influenced the company’s valuation.
Earnings Performance: Alibaba has been reporting solid earnings, which have exceeded market expectations. This strong financial performance has been a key driver in boosting investor confidence and, consequently, the stock price.
Market Position: Alibaba’s dominant position in the Chinese and global e-commerce market has played a crucial role in its stock performance. The company’s vast user base and extensive product offerings have made it a formidable player in the industry.
Diversification: Alibaba’s diversification into various sectors such as cloud computing, digital media, and entertainment has opened up new revenue streams, contributing to its financial growth and stock price increase.
Innovation: The company’s continuous investment in innovation and technology has kept it at the forefront of the digital economy. This commitment to innovation has not only enhanced its product offerings but also improved operational efficiency.
Regulatory Environment: Despite the regulatory challenges, Alibaba has managed to navigate the landscape effectively. The company’s ability to adapt to regulatory changes has been viewed positively by investors.
In conclusion, Alibaba’s rise to a stock price of $89.94 can be attributed to its strong earnings performance, dominant market position, diversification strategy, commitment to innovation, and effective navigation of the regulatory environment. These factors collectively contribute to the company’s robust financial health and promising growth prospects. As Alibaba continues to build on these strengths, it is well-positioned for future success.
BABA: buy only after price rejection and forceful reactionhi, the price of the stock, after a long congestion that has continued since December 2023, has broken the lateral channel, bringing the price to the level of the 200 EMA. For a more cautious trade, with a better RRR, I wait for the price to retest the area 74.75. This area represents a very strong support given by the POC of the volumes traded during the descent of the last bearish leg. Please wait, I am convinced that this stock, with very interesting fundamentals, will be able to give us a lot of satisfaction!
May 7:New lows for BABAThere is a high chance that NYSE:BABA (and other Chinese stocks) has not bottomed and will make a new low, because 1) the rally so far has been 3 waves (zigzag), 2) RSI divergence of the lows on daily need to be erased, 3) recent rally got rejected at 200MA
If the drop breaks below 77, I'm quite sure a new low will happen NASDAQ:JD NASDAQ:BIDU AMEX:FXI TVC:HSI
$BABA - Can it keep going? NYSE:BABA Alibaba is trading above 200DMA and broke out of the year long descending wedge with the measured move of $104.
It is about to hit the next volume resistance area around $83 area. With RSI entering overbought territory does it still have a momentum to keep going?
That depends on May 14 ER.
BABA.Medium-term analysisOn the weekly timeframe we have a sideways market. The current buyer vector is 5-6.
BABA above 200SMABABA broke out the diagonal trendline, closed nicely above 200SMA and volume is also great. Next stops 87, 90, 92 unless it's another fakeout. BABA had many of them in the past. Also we have earnings coming up on the 5/ 14.
Undervalued company, sadly we're dealing with Chinese government thus it makes the investment a bit more complicated.
