BABA AnalysisPrice play out nicely after taking the lows at 59.59 and rally towards the bearish POI at 85.00 during earnings. From here, I'm expecting a bearish retracement at least into the bullish POI at 69.80.
BABAF trade ideas
$BABA Sometimes the market gets it wrongYesterday was a typical knee jerk reaction to weekend news. Alibaba sold off to test $58 (-20%) early in the session, just to recover a bit and close at $63,15
I think the market got the fire sale on Chinese listed tech companies wrong
I'm expecting a short term bounce to close some gaps that was the result of this sale
Buy price $58,83
Target price is $69,50
Stop loss just below yesterday's LOD $58
BABA, 10d+/-35.28%falling cycle 35.28% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Options Ahead of EarningsLooking at the BABA Alibaba Group Holding options chain ahead of earnings, i would buy the $85 strike price in the money Calls with
2022-12-16 expiration date for about
$3.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
ALIBABA downtrend finally broke aboveALIBABA downtrend finally broken. Alibaba managed to break above that huge wall that we had around $75. Now we China ease and decent earnings, i can see Alibaba shot up to $103 area in a short time. Made this chart as simple as I can for other to understand. All disagreements are welcomed :)
$BABA - potential breakout from down trend channel #BABA has been in down trend channel. It is currently breaking out of shorter timeframe descending wedge inside the long term downtrend channel. Price breaking above $73.50 is bullish.
Target 1 - $80
Target 2 - $87.50
Target 3 - $93
Stop loss - $68
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Trade is done when it hit one of the target or stop loss is hit.
Disclaimer: Trading note. Not an investment advice.
"Bottom fishing BABA"? wait a sec
This is the day that I started to say short BABA at highs, Oct 28th
Even today, after Chinese tech names rebounded from the lows, still worse than what I expected. I hope its clear enough on my chart.
Just simple research, you will see a lot of analysis saying that "BABA is The Time For Bottom Fishing" or "Alibaba Stock Could Potentially Double In 2023". I never doubt for BABA's efficiency or its fundamental. Something that makes me truly worried about is China's political environment. Even China change its zero-COVID policy, does that will make company like BABA better off in China? I am still question that.
As old says, the market doesn't care who you are, how smart you are, what degrees you are, how much money you have, how highly you are placed socially. The market will do whatever it "wants" to do, rewarding lavishly those who surrender to it, yield to it, and follow it, and punishing severely those who argue with it, fight it, and go against it. There are still a lot of analysts saying to "bottom fishing" BABA, if this is real Bottom for BABA, or risk free area, I will put every single penny in my pocket into this trade. Will they do as what I said? Possibly No.
Therefore, nothing needs be worried about here, I will keep SHORT the highs.
BABA butterfly I think I said back in 2021 I'd buy BABA under 70. People laughed at me at the time not thinking it'd go to 70. The way the market works, people will probably laugh now when I say it because it's down under 70.
Butterly pattern. Gives tight stop area and is how a lot of lows are made.
$BABA OversoldAli Baba is being under intensive sale. Almost 2 years of downtrend has pulled the prices to demand level.
At this point the current prices will attract capital from a wave of the long-term investors, which will result in market reversal, especially for this size of a company.
For now expecting a pullback as a reaction to 72% decline.
The more it falls, the move powerful will be a movement to opposite direction.
BABA bullishReally hard to not love BABA at these levels, especially looking longer term. If US markets to continue their bearish path, I'm not sure that baba would decouple from that sell pressure; however, it should be noted we are at generational support and its worth picking up some stock or leap calls. I think we should see some significant upside from here in time.
$BABA 2nd entry 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
1st Entry: $90
2nd Entry: $82.5
Take profit: $180
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Where will BABA go today?China Markets Rally After Unconfirmed Social Posts on Reopening. Chinese stocks roared back from a rout and the yuan strengthened as speculation mounted that policymakers are making preparations to gradually exit stringent Covid restrictions.
The Hang Seng Tech Index jumped as much as 9.3% Tuesday, while a stock gauge tracking Chinese companies listed in Hong Kong rose more than 6%, bouncing back from its lowest close since late 2005. The CSI 300 Index of onshore shares gained more than 3%. Stocks extended gains in the afternoon as an unverified social media post circulated online that a committee was being formed to assess scenarios on how to exit Covid Zero. The advance comes after a heavy bout of selling following the Communist Party congress, where President Xi Jinping’s power grab led to expectations that Covid Zero and other market-unfriendly policies will likely persist. “I think the market’s reaction shows how much anticipation there has been for the reopening in the market,” said Hao Hong, partner at Grow Investment Group.
Tuesday’s stock market gains were led by reopening names, including travel companies. To be sure, markets have rallied on such speculation in the past as well, only to be left disappointed as China continued to pursue Covid Zero. The nation has been doubling down on its zero tolerance approach on Covid following the Party congress, locking visitors to Shanghai Disneyland and spurring an exit by workers at Foxconn Technology Group’s plant after hastily-imposed restrictions. Still, the extent of market reaction based on the speculation underscores how strongly investors have been yearning for a pivot from Covid Zero.
I would like to say, today it is very likely that "BABA" will open up high, and make a shooting star Doji on daily chart. What I had draw on my chart are the best scenario for BABA, so far BABA goes even worse than what I draw on my chart. Today's pre-market high can not make changes about this company's fundamentals or what they will facing in the future. Therefore, I am still insist about What I said before.
BABA's downtrend moving is not END! We will see.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
Alibaba good price with Geopolitics consideration30th Oct 2022
Risky trade but worth a try with good Risk Management.
Chinese ADR shares will be sensitive to Geopolitics problem. However, if there is any chances or positive side from Chinese Government, these shares are ready to fly (bullish).
Current price for dollar averaging if you believed Alibaba is a long term play.
Do note that, there are more room for both HSI and China A50 to drop. So this call will be risky.
Support $55
Resistance: $100/$100 first
Everything you should know about Alibaba-TFtalks BABA still holding its majority 58ish level, which as what I draw, it is more like a weekly or even monthly majority support for BABA. Shares of Chinese tech giants Alibaba and Tencent closed down more than 11%; search company Baidu was 12% lower while food delivery firm Meituan tanked more than 14%. However, is BABA or most China tech giants worth buying at this moment?
The main reason cause massive sold for most Chinese tech giants yesterday was President Xi has safely secured his "precedent-breaking" third term as the Chinese Communist Party's ruling leader, alongside a newly appointed Politburo Standing Committee composed of his most-trusted associates. Investors fear continuing strict policy that could hamper growth of tech giants and very few people who can challenge Xi’s policies, even those that are negative for growth.
While the regulatory and geopolitical risks surrounding Chinese equities have now become more acknowledged amongst the investing community today compared to a year ago, the top bullish narratives over the Alibaba stock have largely remained unchanged.
Alibaba’s fundamental performance has deteriorated significantly, the company’s fundamental cracks first shone through its weak December-quarter results last year, when Taobao’s blockbuster annual “Singles Day” shopping event in November grew at the slowest pace on record. Things got worse during the June-quarter when Shanghai was subject to a monthslong lockdown to stem the spread of Covid. Yet, Alibaba remains the unmatched market leader in e-commerce and cloud-computing in China – so from the grander scale of things, its fundamentals are still strong, with the business remaining viable and profitable. However, China's overall economy condition doesn't keep growth like what they post, and preliminary data showed consumer spending had weakened during the weeklong National Day holiday earlier this month.
President Xi’s aspirations to strengthen China’s fight against the U.S. means more geopolitical turmoil to come. This is further corroborated by the recent curbs imposed by the U.S. government on exports of advanced semiconductor technologies to China, which will limit Alibaba’s aspirations of growing its global cloud-computing market share. Alibaba’s valuation is cheap abviously, with its multiples plunging toward record lows and diverging further away from American equivalents like Amazon ( AMZN ) by wide margins. Yet, there also isn’t anything compelling to convince investors – namely, market-influencing institutional investors with stringent risk mandates – that the stock’s significant discount relative to peers can compensate for the myriad of risks hanging over its prospects.
From the Tech or chart analysis side of view, BABA already reached 58ish historical support level , its normal that we see tech buyers get in at this price and trying to trade for rebounce or reversal. But be aware that "downtrend" is not end here! The "GAP" has already been filled, and BABA is making a intraday pattern, which means market is trying to choose direction about BABA. HSI had another hugh sale of the day, it will not end right here. Tech buyers for price correction will gone. Therefore, most likely BABA will retest 58ish level and see wether fundamentals are strong enough to pull this back.
The investments and idea published may not be suitable for all investors. If you have any doubts as to the merits of an investment, you should seek advice from independent financial advisor or other professionals to determine what may be best for your individual needs. We do not and cannot guarantee that your use of our APP and/or any of its features will generate profits. All opinions, news, reviews, research, analysis, prices, or other information contained on or provided via this site are provided on an “as is” basis as general market commentary and/or expressions of opinion only. Information may not be complete, accurate or up to date and may not be suitable for every individual, nor be a suitable basis for an investment decision. No representation, warranty, undertaking, assurance or guarantee (express or implied) is made or given as to the availability, adequacy, accuracy, completeness, reasonableness or appropriateness of any of the information or opinions provided or expressed on or through this site. There is no obligation to notify you of any corrections or modifications.
BABA daily bullish hammer at the bottom daily and weekly MRCOrder BUY BABA NYSE Stop 65.06 LMT 65.06 will be automatically canceled at 20230401 01:00:00 EST
BABA daily bullish hammer at the bottom daily and weekly MRC exhaustion volume wave 5 wave C downrtend correction. That's might be it for BABA we can go up.
BABA - Suffering may be over soonBack in March, I posted that BABA looked really bearish, with a first target of $170 (see related idea). Well, things got even uglier and we´ve fallen almost 80% from ATH.
What´s next? I believe we may to close to the end of the drop, considering that we already have a 200% ABC zigzag extension, with 5 black waves completed for gray wave C. We also have bullish RSI divergence on the weekly.
But I don´t trade wave counts, I trade price action (supported by wave counts), I´m still waiting to see a solid bullish movement before making any decisions. I´ll at least wait for the descending trendline to break.
😱YOU DONT BELIVE!💩BABA-GET SOMETING😱Hello everyone,🙋🏾
Here Rom with a personal opinion,
It seems that everyone is "pomo" about Baba's stock.
so I told to you STOP IT !❌ 🛑 ⛔️
Trading in the stock was done without sense, influenced by the Chinese government.
and is not affected by technical analysis.
Every purchase and sale made in a stock is a bet no matter what you call it.
The pattern obtained in the monthly graph is a dog poop pattern...💩
Forgive me for being childish, but it really hurts me that people lose money here and no one talks about it.☹️🙁
And even if everything goes back to being good, the stock dropped 80 percent!! 🤢
Wait for a significant trend change, then you will miss a 10-20 percent increase.
But keep your hard-earned money.
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There is no recommendation for buying or selling or any action in the stock, I am not an investment advisor and publish this article as a hobby only.
Everyone has to perform risk management on their own or contact an investment advisor with a license, I don't have one.
Investing in the stock market involves risking your money!⛔️
have fun💃🏿
