As you can see Alibaba moved up on Wednesday just before the support at $164.20. Mainly because of the news that Alibaba launched an Amazon Prime-like concept called 88VIP. The day before that it was announced that Kroger would partner up with Alibaba to sell their products in China. Such partnership wouldn't be only good for Kroger it would possibly generate...
BABA is looking good for a reversal. Bullish divergence and it tested the support at $177. Next target is the is the resistance of the wedge at $186.
Hi All, It's all in the chart. I do not forsee BABA retracing back to 183, but who actually knows. Always keep in mindThey could always be black SwanEvent BABA looks to be on the uptrend. Buy Signal (5-07): Going Long. Up Trend: Impulse. Down Trend: Correction. All wave Patterns are impulse or correction. Sideway: Except for moving horizontally. Retracement:...
BABA broke out yesterday of a big bullish pennant. Ater the breakout it formed another pennant on a small time frame. I entered some calls after the bullish breakout (didn't have time to update). Sold 4/5 of my calls on the way up and holding the rest for a breakout of the forming bullflag. Only trade after a breakout or, if you want to play it aggressively, on...
Technically it might have completed correction and will rise its price - Comparing Alibaba and Amazon: Alibaba make twice than Amazon. Looking 5 years in the future, Alibaba has more opportunities than Amazon and now Amazon market-cap is about 1.5 times of Alibaba.
China’s economy is growing at a 6-7% annual rate and is on track to pass the United States as the largest economy in the world within the next decade or two. China’s middle class is made up of 1.3 billion individuals and those individuals are beginning to shop online a lot! In this scenario it only makes sense to own stock in the most dominant Chinese e-commerce...
Thinking it's time for a correction for Alibaba and this is what it may look like. In terms of MACRO, Jack Ma is brilliant, he knows what he's doing and the fact that Onchain built an email solution for Alibaba using blockchain, that right there makes me super bullish on NEO. The Chairman of Alibaba and the CEO of ONCHAIN/NEO think alike.
Please refer to the FREE recommendation - Alibaba to the moon and it did go unlike all the Americans bearish the stock involved in one of the greatest scams of the century
SUPER STRONG BUY ALIBABA LONG-TERM INVESTMENT Invest in Alibaba Long term Perfect Investment Plan $BABA - BABA TradingView
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards :) Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Trading Capabilities 98.03 < 99.61 : long entry option 92.78 > 90.09 : short entry possible Bulls could go long into 109.66 at least, to beat a wave and create new b high (may be 2017 with new all time highs) Bears could go short into 87.70 at least, to beat B wave and create new Basic Scenario Take care & analyzed it again - it`s always your choice...
Alibaba breaked out of trading zone while this september`16 - breakedUP of the 1st trading day (H/L) Session @ after the IPO ... 107.71 (2016-09-23): Friday (last trading) Closed 99.61 (2015-09-19): high of 1st trading day @ after IPO 90.09 (2015-09-19): low of 1st trading day @ after IPO After the first hype @ after the IPO @ the traders created a gap ...