Almost HalfThe rise since June has retraced almost half of the Fibonacci retracement.
As the trend is intact and the level reached is the intermediary top of May it may be a good time to build a position to profit for the continuation of the trend.
AHLA trade ideas
BABA - ready for a trend reversalhi traders,
Let's have a look at the BABA chart on the 1D time frame.
After a massive rally, BABA experienced a deep pullback, but it looks like it might be time to load up on BABA again.
BABA is still in our buy zone but we're expecting the trend reversal soon.
Probably US market will experience some sort of pullback in its bull market and in this period we're expecting China market to have a nice recovery.
Our targets for BABA:
Target 1: 107 $
Target 2: 117$
We're expecting other Chinese stocks to perform well too . Check NIO stock here:
Good luck
Alibaba: A Journey Back to Greatness?A Look at BABA’s Resurgence
Since its monumental high of $300 in October 2020, Alibaba Group Holdings Ltd. (BABA) has experienced a prolonged downtrend, culminating in a key low around $58. Our analysis indicates that this low may signify the conclusion of a major corrective phase, paving the way for a potential bullish revival.
Targets and Scenarios
From $58, we foresee an initial rebound targeting $180. Should momentum persist, BABA holds the potential to break past $180 and aim for a new all-time high near $300. However, a breach of the $82 level would invalidate the bullish outlook and suggest further downside risks.
Outlook
Alibaba stands at a critical juncture. With its immense growth potential, this stock could represent a compelling opportunity for long-term investors. Still, caution remains paramount, with key levels to monitor closely as the market defines its next moves.
BABA - yet another hidden Gem we can extract value from?Currently we are observing a re-entry into a ascending channel based on the RSI indicator and additionally we are entering a very big time of the year which we see all
of the retailers bring in a lot of revenue, for reference we can check out my last post in my channel in regards Amazon.As an additional benefit from a fundamental point of view BABA is looking to get hard into the AI business and it would be one of the biggest competitors in Asia to get hardly involved, they have the cash and assets to do so.
Entry on market open -
Target 1 : 89.70
Target 2 : 97.62
Target 3 : 104.58
After we visit all of the targets we will get back onto this opportunity so we can forsee if we can chase the earlier high of 120$ per share
Time frame of analysis 4H
Time frame of realization Until their next earnings call in January.
As always my friends happy trading!
P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!
Still hopping Alibaba to $130The break out was expect just after the earning report which did not happen however the trend line still not broke chart sill bullish to $130
$BABABull trap to $78 (may be). bounce off of 200SMA and a falling wedge break out to $120 for a Chinese new year rally.
$BABA reversal is in play!The swing is on,
Targets are on the chart!
I see a retest on the monthly chart of critical fib retracement levels, as well as RSI support.
LFG! good luck
BABA retesting the Point of Control and 3D 200SMA, will it hold?BABA could be changing trend.
It's retesting the 3Day 200 SMA.
The Point of Control (POC) represents the price level with the highest traded volume within a given range, making it the most significant level of price acceptance
When price retests a previously broken (VRVP) level and holds:
It suggests that the level has flipped from resistance to support (if price is above) or from support to resistance (if price is below).
If the S/R flip is a fakeout, we could go to the bottom of the pattern.
If we can hold the point of control, the trend could be changing.
Test overhead resistance again and eventually reach the top of the pattern.
Possible Cup & Handle on BABASpotting a classic Cup & Handle on NYSE:BABA ?
Looks like a very early buy signal to me. Confirmed if we go higher.
BABA- Combo- Mega SHS inverted - Cup and Handle - Bullish BedgeI like this combination oF 3 Bullish condition
Head And shoulde formed since March 23
Cup and handlle , Handle formed since sep 24
Bullish descending wedge.
I'm Long since Feb, I will add when break the wedge above.
TP 150
Sl 70
Catch falling knife BABABABA still in downtrend. in market cycle psychology BABA must be at around 73 or 66 to get more retail capitulate their balance.
With collaboration of elliot wave (1-5) it can happen
I think before CNY BABA still downtrend then sideways in bottom and then up only
where it has started to form new pattern or continuedThe indicators are death cross, sharply down, and other areas are more reluctant to long-term bulls until the bottom Bollinger is hit in at around 52. Breaking 72 support could do just that except 2% away from its actual price before it changes course. It will remain bearish until close to the 50s.
Alibaba - It Is So Predictable!Alibaba ( NYSE:BABA ) just rejected a major resistance:
Click chart above to see the detailed analysis👆🏻
A couple of days ago Alibaba stock perfectly retested a major previous resistance level after rallying +45% just within a couple of weeks. We can first see more bearish movement and maybe even a retest of the trendline breakout level before Alibaba will continue its overall uptrend.
Levels to watch: $80, $110
Keep your long term vision,
Philip (BasicTrading)
1W BABAThe stock needs to break through the 87 area, by exceeding it, it is likely to rise to the target above.
Chinese stocks will rise again. BABA, Part 3.I know everyone expects BABA to hold a higher low on the high time frame charts, but I expect new lows. Whenever my projections show a level below a prior swing low I dont risk going long until we get to the box. I will miss this trade if it holds and doesnt make new lows to my box.
In part 1 and 2, I covered NIO and BIDU and I see a very similar play with those stocks as well. My target will be $157 on BABA.
Why Alibaba is the Top Stock to Buy. Long-Term Investment 2025A very strong weekly demand imbalance at $85 took control on Alibaba NYSE:BABA Chinese E-commerce giant. Expecting a decent rally in 2024 and 2025. Long-term swing trade investment trade idea.
Alibaba and elliot wawe - updateI'm unable to attach an updated chart link to my previous idea, so here's the update. We didn't stop at the 61.8% level, but we're now at the 76.4% level of wave 1, confirming wave 2. Additionally, we're at the 200-day SMA. I've revised the peak target for wave 3 to either 157 USD or 174 USD. Given historical prices, the 174/175 USD level seems to be more robust and pivotal.
BABA Bullish. Will be purchasing baba share in the box. Looking for new lows. Im bullish China, just not yet.
$BABA NEOWAVE ANALYSISExperimental analysis with the intention to follow back later on as I am still learning
First leg of the correction is a diametric
Second leg of the correction is most likely a neutral triangle
In a neutral triangle wave C is the biggest and could be 138% to
161.8% of wave A
c-wave of a Neutral Triangle
is usually the longest, most subdivided and most time consuming of the three trending waves
Wave B is confirmed to be ended as we got a move that was faster and bigger than the largest counter trend wave within wave B (red rectangle)
Alibaba: Turning PointBABA was pulled down further last week. According to our primary scenario, it should now be in the final stages of the blue wave (a). As soon as the low is reached, we expect a (corrective) rise in the form of blue wave (b) before a further sell-off completes the magenta-colored wave (ii). Only with the correction low underfoot should the same-colored wave (iii) then drive the price above the resistance at $117.79.
3 Stocks in ACCUMULATION Phase | STOCKS | BABA, HOOD, PYPLIf you have patience, stock trading can be very rewarding.
Something a little different today - SOCKS ! 🧦 These are my top 3 picks for stocks at the moments - for the sake of duration, we'll look at 3 per video.
What I look for in stocks, is longer term holds. Ideally they must be in accumulation phase, or have just broken out of my ideal buy zone.
_____________________
NYSE:BABA NASDAQ:HOOD NASDAQ:PYPL
BABA (back to major support)full retracement to the breakout point, expect major support around 81 - 80
Alibaba - Trump Won't Beat This Stock!Alibaba ( NYSE:BABA ) is bullish despite Trump's presidency:
Click chart above to see the detailed analysis👆🏻
Two months ago, Alibaba pumped 30% within a couple of days, perfectly following the resistance trendline breakout. So far we saw a rejection of the upper resistance level and it is quite likely that Alibaba will retest the breakout area. However, the underlying price action is still bullish.
Levels to watch: $80, $115
Keep your long term vision,
Philip (BasicTrading)
