Weekly Chart of Alibaba Group Holdings (NYSE: BABA): 28 November 2018, Wednesday, 8.38pm Singapore Time

Weekly Chart of Alibaba Group Holdings (NYSE: BABA): 

28 November 2018, Wednesday, 8.38pm Singapore Time

(Click on Technical Chart above to Expand)

Attached is the weekly chart technicals for Alibaba Group Holdings that is listed in the US Market (NYSE: BABA). Alibaba share prices is acting in accordance to the technicals of how a strong stock should be. In the weekly technicals, RSI of 30-35 never fails to re-start a rally on Alibaba, and the rally has always been significant. This happens because Alibaba is a strong company and smart monies like this company. Alibaba has hit such an RSI again at 30-35, and the volume flow is bullish now. Any high red volume bars are quickly negated by high green volume bars suggesting there was a lot of selling absorption (transfer of hands from plenty of weak minded fearful retailers to strong mental strength smart monies). 

Past Alibaba Analyses:

http://donovan-ang.blogspot.com/search/label/Alibaba

Donovan Norfolk Ang

Alibaba Group Holdings (NYSE: BABA): 19 September 2018, Wednesday, 10.02pm Singapore Time

Alibaba Group Holdings (NYSE: BABA): 

19 September 2018, Wednesday, 10.02pm Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the technicals for Alibaba Group Holdings that is listed in the US Market (NYSE: BABA). Despite the technical breakdown, I am officially ending my bearishness on Alibaba now -- prematurely. Those who chalked up Alibaba shorts with me at $172.23, you can take all profits now at $161.34. I am bullish or at least not bearish on Alibaba anymore. It looks like Alipay's Union with Unionpay in China may reap even more explosive rewards.

Past Alibaba Analyses:

http://donovan-ang.blogspot.com/search/label/Alibaba

Donovan Norfolk Ang

Alibaba Group Holdings (NYSE: BABA): 24 August 2018, Friday, 6.27pm Singapore Time

Alibaba Group Holdings (NYSE: BABA): 

24 August 2018, Friday, 6.27pm Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the technicals for Alibaba Group Holdings that is listed in the US Market (NYSE: BABA). 

Alibaba has flipped to short term smart money funds flow outflow now. The large bearish divergence illustrated by the red lines look set to be executed now. This means $165.00 classical support in light orange looks set to be broken down sharply. The target as a result of the dark brown rounding technical formation with dark orange symmetry is $120-$127. Short Alibaba. Bearish on Alibaba with $165 looking set to break down, with $120-$127 as target.

Donovan Norfolk Ang

Alibaba (NYSE: BABA) Technical Analysis: 10 January 2017, Tuesday, 9.05am Singapore Time

(Click on the chart above to enlarge)
Alibaba (NYSE: BABA) Technical Analysis: 

10 January 2017, Tuesday, 9.05am Singapore Time

Attached is the Technical Analysis of Alibaba, an e-commerce titan that is listed in the New York Stocks Exchange (NYSE: BABA). In consistency with my live warnings in 1H-2016 and 2H-2016 that worldwide smart monies had been re-accumulating stocks all over the world before price actions even come, Alibaba has been undergoing re-accumulation mode since its IPO by hiding under the Orange Band of support-turned-resistance. There was even a high volume selling absorption soaked by powerful hands in the market (RED BOXED REGION). This was then followed by confirmation on the selling absorption to serve as a warning that this stock is a bullish stock and has executed a trend change confirmation (GREEN BOXED REGION). Refer to the series of BLUE ARROWED volume flow as illustrated on chart that follows: this is a confirmation that big hands are still holding all the accumulated Alibaba stocks and will be pumping up the stock based on volume flow. By induction on the volume flow since IPO, Alibaba will proceed in 2017 to break up all time new highs since its IPO in 2014.

LONG TERM:

BOTTOMED;
U-TURN FOR LONG TERM UPTREND
(In consistency with DNA Live Warnings of 1H-2016 and 2H-2016 that smart monies worldwide had been very aggressively re-accumulating stocks all over the world based on international funds flow)

MID TERM:

UPTREND

SHORT TERM:

SHORT TERM CORRECTION IS ENDING

Technicals:

Bullish at the current supports

DNA Technical Rating:

Massive Bullishness;
Alibaba will break up all time new highs in 2017

Donovan Norfolk Ang