If it can get back in the channel that would be really bullish, I'm liking this one.
BABA is sitting at critical support. I believe we have just finished the overall market correction and now there will be some pretty high volatility. I suspect bullish movements for the next 2-3 weeks before another potential correction or consolidation. If it does not bounce up tomorrow and falls below 267.20ish, then look to short or buy lower. Overall, BABA...
BABA recently began a new impulse wave and finished the second leg of the wave. Second leg was the correction today. The Third leg resumes tomorrow. Target is $310. Stop remains the low today below $289.
Clear uptrend Support with a Corridor Breakout forming. Note that we might miss the entry as the price moved to $273.10 pre-market (as we speak) and we are placing a Limit Buy order, rather than chasing momentum. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $267.80...
We have broken out past the uppertrend of the ATHs dating back to the IPO. Make your own trades but I am purchasing. Good luck
My buy zone and targets for Alibaba. Anything above the support is a good buy in my opinion. We're reaching an apex, a move will happen soon. (Not financial advice)
Hi guys, Since August 2018, the market has been below very signicafant resistance. In early jully 2020, the market broke finally this resistance and with force, we can expect a rise the days to come to 290 and even more... what do you things ?... FOLLOW ME and SHARE
Clear uptrend Support with a Bullish Rectangle formed within. Target price set at a new potential resistance line. - Historical uptrend - RSI + Stoch well above 50 - MACD above Signal. Suggested Entry $266.78 Suggested Stop Loss $259.47 Target price $290.81 Note that I tend to adjust stop losses in order to secure profits early and preserve capital . This...
NYSE:BABA is pulling back currently from the resistence. let it pullback a little more then go for the long setup.
Looking for one more gap up from BABA before taking profit. Looking for the 250-260 region. Overall, BABA is crushing it no matter how you look at it. Investing in China for the long term is the way to go.
Hello traders, Description of the analysis: Alibaba support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options....
Alibaba shows no signs of weakness, only strong buy momentum. Technically: price broke an important pattern which support the continuation of the bullish wave. Congratulations Buyers!
Originally, Alibaba was on its way to conquering Target, but a sudden move on the US side made it lose momentum, now it has regained the confirmation pattern "SHS" and continues to go up. BABA BUY : $212 STOP LOSS : $206 for margin STOP LOSS : 198 for investing long term TP : $250 +- $5 Wish you good luck! .
I am expecting to see a double top form around the 08 area and ill take my proffits then Ill likely go short first target down lower at 79.66 2nd target lower @ 74.15 what are your thoughts?
China is on its way to recovering from the Wuhan virus and we expect economic activity to pick up. While the USA faces the Chinese virus head on, it's best for investors to focus on plays that won't be affected by what's happening in the US. $BABA will benefit and the stock will head back to where it was trading at before. With Softbank selling some of its...
🔹Broke out of a 1.5 year base from a bullish pennant 🔸Bounce off weekly 20MA 🔹Holding above all time highs 🔸264-ish target
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