BABA heading back to 200 +100% gainWith this being beaten up for years, the monthly looks to be building a support finally.
I usually try to stay away from chinese stocks, but I am long here
AHLA trade ideas
$BABA Inverse Head & ShoulderNYSE:BABA Inverse Head & Shoulder. The inverse head and shoulders pattern is a bullish reversal pattern that is often seen in stocks that have been in a downtrend. The pattern is characterized by three troughs, with the middle trough being lower than the other two. The neckline is the horizontal line that connects the bottoms of the two outer troughs.
If the price of BABA breaks above the neckline, it would be a signal that the downtrend is over and that the stock is likely to move higher. The target price for the breakout would be the distance between the neckline and the head of the pattern.
Of course, no pattern is guaranteed, and there is always the possibility that BABA could break down below the neckline instead. However, the inverse head and shoulders pattern is a bullish signal that is worth watching for.
Here's Why $BABA Could Skyrocket Even Higher!Analysis:
Looking at the dataset, it's evident that both the Macro PVVM and Micro PVVM scores for Alibaba ( NYSE:BABA ) show an overall increasing trend over the examined period. The Macro PVVM went from a score of around 0.58 to approximately 54.24, demonstrating a significant uptrend. The Micro PVVM also moved from -53.71 to 40.23, showing a reversal from a bearish to a bullish momentum in the short term.
The close price of NYSE:BABA has been generally increasing along with the PVVM scores, indicating that the bullish momentum has been affecting the stock's price positively.
Key Takeaways:
There's an established bullish momentum, indicated by the upward trend in both the Macro and Micro PVVM.
The Micro PVVM has crossed from negative to positive, suggesting that the bearish short-term movement seen at the beginning of the period has turned into a bullish one.
The most recent close price of $98.33 is the highest over this period, further confirming the bullish sentiment.
Trading Strategy:
Given the bullish trend and movement, it would be a good strategy to maintain a long position on Alibaba. However, traders should keep an eye on the PVVM scores. If there's a sudden drop, especially in the Micro PVVM, it could indicate a reversal in the short-term movement.
Since both Macro and Micro PVVM are in positive territory and increasing, traders should look for opportunities to enter long positions on pullbacks, as the overall trend is upwards. Keep in mind the rule that the best long entries are when both PVVMs are low and start showing signs of strengthening.
$BABA Bearish to bullish reversal bottoming phaseNYSE:BABA Bearish to bullish reversal bottoming phase. The parallel down trend has ended and NYSE:BABA is currently in a bottoming pattern show on the weekly chart. This is a long term investment play that can take months before it can start to go higher.
$BABA long / short ideaNYSE:BABA - Alibaba's stock is currently showing mixed signals based on its moving averages. In the short-term, there is a sell signal from the Moving Average, while the long-term Moving Average indicates a buy signal. The fact that the short-term average is above the long-term average suggests an overall buy signal for the stock, indicating a positive forecast.
However, the stock may face resistance at around $93.13 as it continues to rise, as the short-term Moving Average could hinder further gains. On the other hand, if the stock experiences a decline, it is likely to find support at approximately $88.06, provided by the long-term average.
It's worth noting that a breakout above the short-term average would send a strong buy signal, while a breakdown below the long-term average would trigger a sell signal.
Additionally, the 3-month Moving Average Convergence Divergence (MACD) is indicating a buy signal, which adds to the positive sentiment for the stock.
However, there are some cautionary signs to consider. Despite the stock's price gains, the volume has fallen during the last trading day, creating a divergence between volume and price. This could be interpreted as an early warning sign and suggests that the stock should be closely monitored.
Moreover, some negative signals have also been issued, which may influence the stock's short-term development. Notably, a sell signal was issued from a pivot top point on Thursday, July 13, 2023, resulting in a decline of -4.60%. The projection indicates the possibility of further decline until a new bottom pivot is identified.
In summary, while there are positive indicators for Alibaba's stock, such as the buy signal from the long-term Moving Average and the MACD, investors should be cautious due to the divergence between volume and price, as well as the recent sell signal from the pivot top point. Monitoring the stock closely would be prudent to assess its future performance accurately.
China is attractive for investment again! Alibaba
Ticker: HKEX:9988 or NYSE:BABA
Entry price: 89 HGS$
Short term target: $120
Medium term target: $171
Long term target: $205
Potential return per trade: up to 125%
Volume per trade: up to 3-4% of the portfolio
🛡 It is better to hold this stock for the medium term, and use the drawdown to increase the position.
❗️Risk Level: Medium
Alibaba shares have been under pressure since November 2020.
During this period, the shares fell -72% from the maximum, although the company itself has not lost its profitability and still has a significant market share in the Chinese market.
The Chinese government made a big contribution to the fall, which strangled the company with fines and did not allow an IPO.
But now this negative has come to naught and now the road up is open for the stock 📈
According to technical analysis, the stock gives the first signals for a medium-term trend reversal.
Now the paper is at the border of the long-term ascending channel.
If it breaks through, we can expect a fairly fast and impulsive growth, which should not stagnate, but rather gain strength ⚡️
But if you want to find more ideas in great companies with high growth potential, welcome to the profile 🎩
BABA longs possible LTRHello all, I think BABA plays around in this zone before taking off. some longer dated calls here look good to me or even stock. I wouldn't be surprised to see 140+ eoy honestly. great company overall.
Let me know if you would like me to post some more plays
NFA just my opinions
betting for further upside in $BABA with optionsBuy to Open 1 BABA Sep 15, 2023/Jan 19, 2024 100/110 Call Diagonal This is a bullish strategy with limited risk of $785.00 and limited potential reward of $931.50. This strategy will profit if the stock closes above $94.75 by Sep 15, 2023.
Price Action:Alibaba Group Holding Ltd - ADR is in a bullish trend, but testing its $94.51 support level
A clean break from triangle pattern and strong momentum upwards BABA Several technical patterns across various time frames suggest a strong uptrend is prominent. A clean break above a triangle pattern ...a healthy pullback...and then immediate run up 🚀 DXY is weaking which can help the upwards trajectory but i see slow and steady progression. Patience will be rewarded 💵
BABA - How About A Collar Trade?The green zone is long term support.
The Pitchfork projects path of price, on a Pendulum Swing basis.
The sliding parallel (white) marks the overshoot and projected support.
As we see, the steep down sloping yellow dotted resistance line was broken 5 weeks ago. But that's no reason to rush in. Why not wait for more facts?
Do we have facts now?
Yes, we have.
a) support at the sliding
b) today we see a close above the last high AND a break of the (grey horizontal) resistance.
How can we play this with low risk?
What about a Collar?
1. Buy Stock
2. Buy Put ATM
Optional:
- sell a longer dated Call (potentially limiting stock profit to finance the put)
- sell lesser Calls, to let the rest of the stock position ride, if price close ITM and calls away your (partial) position.
That's just an idea how to play it save.
Why save? What if BABA tanks?
- sell Put profit and buy more stocks to bring down the cost basis. Repeat until B/E or in profit. Additionally you can sell more Calls if they are above calculated cost basis.
Highest Risk: If the stock go to zero, then the initial investment of stocks is gone. Could it happen? Yes. High chance of happening? Don't think so.
Would love any input about this idea.
Happy weekend §8-)
BABA AnalysisPrice playing nicely according to my last analysis, giving us a 11.78% move to the upside, taking liquidity below the lows at 83.24. With the current bullish momentum, potential target for this up move should be to take the liquidity above 105.05, unless the current bearish POI holds, then we can expect a bearish retracement into the fair value gap at 86.63.
