BABA inverse H&S on weekly chart. Entry 122, target at 159. Stop loss is 79.48
Alibaba looks bullish as we expect the chart to form a double bottom pattern. We expect it to rebound from the strong resistance levels. There is also a bullish cross-over on the MACD line. Risk-reward ratio is 10.64. Entree price at 81.74 Taking profit at 120.06 Stop loss at 78.05
Are you still waiting for lower prices ? Buying lows from 2016 was not cheap enough for you? Baba created higher lows structure on weekly. Looks mega bullish. Expecting more upside soon Target 1: 170 $ target 2: 200 $ Stop loss: 76,50 $
- BABA potential Weekly / monthly inverse H&S shaping up - need to form weekly uptrends first - 4h EMA 12 short term uptrend guide.
Baba Coming back to 100 Stay Profitable do not add to losers be patience HAVE A GOOD WEEKEND !!!
H&S setup for Alibaba in key zone Great area to start entering slowly with a lot of great areas to have TPs Easy invalidation at next shoulder, and if more risk averse under head. Cheers.
Support in gray box isnt only valid support. Generally just looking for the next shoulder to form, but this might already be a good entry area. This would be a beautiful HnS and the breakout could take us far. Keep a lookout for where else the shoulder may form, break gray bos and shoulder can still form lower, hard invalidation is if we get new lows below 'head'.
Potential bullish chart formations! The same patterns are seen with Baba. Not investment advice and do your own due diligence!
BABA appears to be in an expanding diagonal on the HTF. Would expect the 5th to start after 1 more dip to bring the bears back only to slaughter them later.
BABA has broken out and currently retesting the RESISTANCE ZONE @ 120 - 140 We can expect at least a slight pullback from here as Price action has been overly bullish the past few days + MACD is in severely overbought condition We are expecting a soon to be GOLDEN CROSS with 50 MA crossing 200 MA We also see a massive spike in the ADX implying a very strong...
BABA stock has been in a long-term downtrend. We're expecting the price to continue droping as it looks like it got rejected from the downsloping resistance line on the weekly timeframe. What we can see on the chart is a pattern called a falling wedge. Most likely the price will revisit $60 or lower but eventually we expect the breakout in Q2 or Q3 2023. How...
Entry spooted for BABA Check the price action inside with proper entry SL ,& Target. Trade carefully.
As mentioned in the previous analysis, Alibaba is in a large diametric that we are currently making the last part of the G wave. A contracting reverse triangle which wave D is completing. After another decline as E wave, one can think of targets above $200 as wave C
I'm following $BABA since a while for now and I think that is one of the biggest companies in the sector. China has a lot a potencial but we have to achive some millestones before we breakout this endless falling we're suffering. I'm LONG $BABA from this point. Perhaps until 85$ where the POC developes.
It has been a really rough year for Alibaba. It was straggling to get out of that 12 months downtrend. It is finally out of downtrend. There is a small resistance around $90 zone, once we break that, $103 will come so fast. I tried to make the chart so simple so everyone can understand. You are welcome to argue but pls be respectful. Enjoy
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
Looking at the BABA Alibaba Group Holding options chain ahead of earnings, i would buy the $85 strike price in the money Calls with 2022-12-16 expiration date for about $3.79 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Order BUY BABA NYSE Stop 65.06 LMT 65.06 will be automatically canceled at 20230401 01:00:00 EST BABA daily bullish hammer at the bottom daily and weekly MRC exhaustion volume wave 5 wave C downrtend correction. That's might be it for BABA we can go up.