Demark analysis for Alibaba Inc. This is no financial advise as always.
X FORCE GLOBAL ANALYSIS: Alibaba has shown a strong recovery after having locally bottomed due to the Corona Virus (Covid-19). Despite being a Chinese company, the e-commerce giant has not been as severely affected by the gravity of the situation. In this analysis, we take a look at Alibaba's (BABA) technicals and fundamentals to determine the most probable...
Round 2? Fractal for Alibaba bulls showing a possible second parabolic wave coming, drop a like to help motivate me to keep grinding out these beats! Cheers, Bixley
Dates in the future with the highest probability for price direction reversals
BUY BABA/USD ASSET TYPE: STOCK ENTRY 1 $210.80 ENTRY 2 $206.80 SL $196.19 TP.1 $220 TP.2 $233 TP.3 $248 TP.4 $268
Alibaba Group, $BABA, is a Chinese multinational company specializing in e-commerce, retail, Internet, and technology. Here is what to focus on as we're expecting the earning release on 13th February 2020. However, Alibaba stock is climbing to a new all-time high from a breakout that makes the bulls very excited about the future. But are they right to feel...
BABA has displayed a bump and run, a diamond bottom and a triple bottom all while maintaining its current uptrend, this diamond bottom has led to bullish continuation of the uptrend. Further upsides expected as it pushes through the trend area.
First Cypher pattern identified, an immediate bearish move is most probable, as a retreat from the C > D wave. Learning everyday! Tips / improvement areas welcomed.
Golden cross on weekly. Clear uptrend. Great fundamentals and user base.
Local breakout after bullish behavior suggest further advance Wyckoff Story Upsloping price structure of HHs and HLs and decreasing supply signature from Phase A to D suggest accumulation. Breakout in Phase D out of the local Last Point of Support (LPS) suggests a possible breakout above $210 and a Major Sign of Strength to come. Relative strength is...
Alibaba BABA stock has triggered long with with 200EMA as a support. At the moment as long as the stock hold above the 200EMA I will be comfortable with the trade till the Target hit. You can enter now or wait for a retracement towards 170. Personally Im long from 166 levels from initial signal. If this has a End Of Day close below the 200EMA and break that...
Alibaba has made a good bounce on the 180 EMA acting as a support line at $167. With Baba's current upward trend, it will be a good opportunity to capture 5% within the next 1-2 weeks.
BABA reversed off its resistance at 165.48 where it could potentially drop further to its 154.57.
Watching this ascending triangle and taking a long position here. Short term PT $194.16. After it reaches the first target, granted market conditions stay the same, I expect BABA to continue on to the last ATH at $211.70 over the next few months. Will be keeping an eye on this one.
Alibaba for the next week or so may have some small negative correlations due to concerns over trade in China and the recent effects tariffs and political decisions had on Asian markets. That being said, it is coming in on a strong for positive correlations when looking at a 2 month time period. An expectancy of a $150 price tag should occur within January and it...
BABA is oversold on the weekly RSI and a positive MACD cross seems to be coming.
As the price approaches historic resistance levels I expect a small bounce for Alibaba BABA stock. This is supported by the RSI indicator. Like this idea if you agree.