Alibaba Group Holdings Ltd. forum
BABA here we go 🚀
BABA volume increasing for 150 call options for 12/27 avg. 34.95% in price growth in my opinion - chart below
BABA 9988 Appears to be forming a potential C&H pattern, a bullish continuation setup that often signals a breakout.
Volume Confirmation:
During the rise forming the right side of the cup, volume increased significantly, exceeding the Volume Moving Average. This supports the validity of the cup.
Current lower volume during the handle formation is typical, suggesting a healthy consolidation.
*Entry*:Wait for a breakout above 109 USD.
*Early entries*: near the handle’s current consolidation zone (88-92 USD).
Targets:
1st Tgt(Short-Term): 135 USD
2nd Tgt (Mid-Term): 165 USD previous major resistance and psychological levels.
BABA
BABA back to $50
BABA can this go 100 this week
BABA alibaba is bullish it was just retracing..BABA just bought 150 calls 12/27 so cheap, this will moon imo
BABA about to breakout towards 95+ imo
BABA still has a dividend and still holding its floor of 65ish. wait to buy more if going lower.
BABA perfect chance to buy