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Alibaba Group Holding Ltd. $BABA 21D resistance, big gap below now
By: Options Mike | September 24, 2023
• $BABA Gapped up on news spinning off another division on HK exchange. Otherwise name remains weak.
21D resistance, big gap below now.
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$BABA Repeat sweepers active in the 10/06 $90 Calls
By: FLOWrensics | September 18, 2023
• $BABA Repeat sweepers active in the 10/06 $90 CALLS
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Alibaba Group Holding $BABA starting to slip below nearly 12 months of trendzone support this week... Not a great look.
By: TrendSpider | September 17, 2023
• $BABA Alibaba starting to slip below nearly 12 months of trendzone support this week...
Not a great look.
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Alibaba $BABA currently sitting at ~12 months of trendzone support from its 52-week lows...
By: TrendSpider | September 14, 2023
• $BABA Alibaba currently sitting at ~12 months of trendzone support from its 52-week lows...
Breakdown or Bounce?
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Alibaba Group Holding's former CEO, Daniel Zhang Yong, is stepping down as head of the company's cloud division. Eddie Wu Yongming will continue as acting chairman and CEO of Alibaba Cloud Intelligence Group. Alibaba plans to invest $1 billion in a technology fund established by Zhang, supporting future growth and technology ecosystem development.
Alibaba Group $BABA Such a ugly trader now, gap @ 91.5 and gap @ 87ish...
By: Options Mike | September 9, 2023
• $BABA Such a ugly trader now, gap @ 91.5 and gap @ 87ish...
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The trading of BABA has been exciting over the previous few days. HSI and US indices have been bleeding nonstop, while BABA has not fallen. Has the impression that either news is on the way or that a floor is being set on the bid; perhaps they are exercising their big stock repurchase program.
Alibaba Group Holding $BABA gap here.. gap there.. 102 is the big resistance if it runs
By: Options Mike | September 4, 2023
• $BABA gap here.. gap there.. 102 is the big resistance if it runs
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Alibaba Group $BABA has been coiling + tightening around its 200 Day SMA for about a year now... An explosive move is around the corner.
By: TrendSpider | September 2, 2023
• $BABA Baba has been coiling + tightening around its 200 Day SMA for about a year now...
An explosive move is around the corner.
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2 China Stocks BABA and JD Moving Higher on New Stimulus
By: Schaeffer's Investment Research | August 28, 2023
• China is making moves to support its struggling economy and property sector
• Options traders lean bearish on BABA and JD
China announced earlier it will support its struggling economy and property sector through new stimulus measures. The country cut its stamp duty on stock trading by half and eased residential housing loan rules, resulting U.S.-listed China stocks surging today. Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc (NASDAQ:JD) were last seen up 2.9% and 2.3% to trade at $92.40 and $33.72, respectively.
Alibaba stock has consolidated below the $93 level for the past couple of weeks, while overhead pressure at the $105 level has been in place for most of the year. Shares could conquer the 50-day moving average, however, if these gains hold. Year over year, BABA is down 5.8%.
At the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), BABA's 10-day put/call volume ratio ranks higher than 97% of readings from the past year. This means puts have been much more popular than usual of late.
Despite today's pop, JD.Com stock is still trading within a chip shot of its May 31, three-year low of $31.56. JD is also firmly below its descending 20-day trendline, which first emerged as an area of resistance earlier this month, and is down nearly 40% in 2023.
Short-term options traders have also been more bearish toward JD than the norm. This is per the equity's Schaeffer's put/call open interest ratio (SOIR), which sits in the 82nd percentile of annual readings.
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Alibaba Group Holding $BABA Held the gap, but no power off it so far. Avoiding sector in general
By: Options Mike | August 27, 2023
• $BABA Held the gap, but no power off it so far. Avoiding sector in general.
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Bull of the Day: Alibaba (BABA)
By: Zacks Investment Research | August 23, 2023
Somewhere along the way, Chinese stocks fell out of favor. I suppose that whole “Trade War” thing had a little to do with it. Even now, the occasional headline hits the wires about US-Chinese relations having some strain. That doesn’t mean that you should ignore the stocks. To the contrary, some of these stocks are showing signs of serious growth.
I lean on the Zacks Rank to help me find ideas. Stocks which are in the good graces of our Zacks Rank have the most consistent earnings trends. One such stock is today’s Bull of the Day, the well known Chinese e-commerce giant Alibaba (BABA).
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
Image Source: Zacks Investment Research
Alibaba is currently a Zacks Rank #1 (Strong Buy) in the Internet – Commerce industry which ranks in the Top 25% of our Zacks Industry Rank. The reason for the favorable rank is the series of positive earnings estimate revisions coming from analysts over Wall Street. Over the last 30 days, two analysts have increased their earnings estimates for the current year and next year. The bullish moves have pushed up our Zacks Consensus Estimates from $7.81 to $9.16 for the current year and $8.61 to $9.96 for next year.
That means that analysts are forecasting 15.37% EPS growth for this year and 8.73% for next year. That’s on revenue growth of 4.97% for this year and 8.95% for next year. With that sort of growth, you’d expect to see some rich valuations. However, that is not the case here with Alibaba. Forward PE on Alibaba is only 9.67x earnings. Compare that to the industry average of 18.6x earnings and the broad market’s 20.5x.
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$BABA When Alibaba went public in 2014, the company was doing $10.1B in revenue. This year, the company is expected to pull in 132.3B in revenue. 13x the revenue with share price essentially flat.
By: TrendSpider | August 21, 2023
• $BABA When Alibaba went public in 2014, the company was doing $10.1B in revenue.
This year, the company is expected to pull in 132.3B in revenue.
13x the revenue with share price essentially flat.
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$BABA Again, other than a very quick trade. This one gap to fill just below here now
By: Options Mike | August 20, 2023
• $BABA Again, other than a very quick trade, China names are generally a avoid for me.
This one gap to fill just below here now.
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Most are probably selling because Chinas economy is doing horrible, and on the verge of total collapse. An economy built on manufacturing, and real estate... Manufacturing is being decimated by outside investment, and demand, drying up due to communist red tape, and lack of trust. And the fake ghost city real estate boom, is flat out over... That was a trainwreck seen from a billion miles away, just waiting to happen.
Jobs are of course also drying up due to these massive failures.
Add in the population/age collapse, leaving a population with more retired... And not enough young to support..
You get a country on the verge of total meltdown.
If someone is selling due to the Evergrande event, I believe they should stop trading. It had already been established. That isn't even news.
Alibaba Group $1.9 Million Call • Strike: 95 • Expiration: 10/20/23
By: Cheddar Flow | August 17, 2023
• $BABA $1.9M OTM Call
Strike: 95
Expiration: 10/20/23
*At the Ask*
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$BABA Good report, but Overall China problems leaning on it. 21d holding for now, if not cluster @ 90 area
By: Options Mike | August 13, 2023
• $BABA Good report, but Overall China problems leaning on it.
21d holding for now, if not cluster @ 90 area.
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How Alibaba $BABA makes its money
By: Savvy Trader | August 11, 2023
• How Alibaba $BABA makes its money.
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$BABA Call Sweepers Hitting The Tape
By: Cheddar Flow | August 10, 2023
• $BABA Call Sweepers Hitting The Tape
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Alibaba income beats estimates amid "strong business momentum"
By: Investing.com | August 10, 2023
Alibaba (NYSE:BABA) has posted first-quarter adjusted core income that topped analyst estimates, as the Chinese e-commerce giant was boosted by strong consumer spending during a major shopping event in China in June.
Recent economic data, including numbers earlier this week showing a contraction in consumer prices, have sparked concerns over a sluggish post-pandemic recovery in China, the world's second-largest economy.
But combined revenues at Alibaba's Taobao and Tmall retail platforms still grew by 12% in the June quarter to 114.95 billion yuan (1 yuan = $0.1387), fueled by increased purchasing activity during the 618 shopping festival.
Group-wide adjusted earnings before interest, tax, depreciation, and amortization climbed by 27% compared to the corresponding three-month period last year to 52.05 billion yuan, above expectations of 44.77B yuan.
Meanwhile, Alibaba's cloud division rose to 25.12B yuan thanks in part to demand for its artificial intelligence computing products, in the latest sign of surging interest in the nascent technology.
“Due to the strong business momentum and our focus on operating efficiency across businesses, we achieved robust financial performance in the past quarter," said Chief Financial Officer Toby Xu in a statement.
U.S.-listed shares in Alibaba climbed by more than 3% in premarket U.S. trading Thursday.
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Alibaba unusual options bubble chart shows August is call heavy, while put flow dominates in September
By: TrendSpider | August 9, 2023
• $BABA Alibaba unusual options bubble chart shows August is call heavy, while put flow dominates in September.
Earnings out tomorrow in premarket, what are you expecting?
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Earnings Preview: Alibaba Group Holding Ltd. (NYSE: BABA)
By: 24/7 Wall St. | August 8, 2023
• Here is a look at what analysts expect to hear from three companies reporting quarterly earnings late Wednesday or Thursday morning.
Alibaba
Over the past 12 months, shares of Alibaba Group Holding Ltd. (NYSE: BABA) have added about 4.3%, thanks to a 16% jump in the past three months. The stock price is down more than 60% over the past three years, largely due to regulatory pressure from China’s government. The stock dropped again after China announced on Monday trade data that was worse than Wall Street expected. Both exports and imports came in lower, raising concerns that both the international and domestic markets are getting weaker.
Of 45 analysts covering the company, 41 have Buy or Strong Buy ratings. The other four rate the stock at Hold. At a share price of around $96.50, the upside potential based on a median price target of about $140.00 is 45.1%. At the high price target of around $182.00, the upside potential is 88.6%.
For Alibaba’s first quarter of fiscal 2024, analysts expect revenue of $31.2 billion, up 2.9% sequentially and 1.7% higher year over year. Adjusted EPS are expected to come in at $2.01, up 29%.0 sequentially and by 9.9% year over year. For the full fiscal year that ends in March, Alibaba is expected to report EPS of $8.46, up 6.5%, on sales of $131.63 billion, up 4.1%.
The shares trade at 11.4 times expected 2024 EPS, 10.3 times estimated 2025 earnings of $9.39 and 9.1 times estimated 2026 earnings of $10.58 per share. The 52-week trading range is $58.01 to $121.30. The company does not pay a dividend, and the total shareholder return for the past 12 months is 4.32%.
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$BABA Bull case for Baba would be a positive reaction to this week's earnings report, taking price up to the neckline and completing the right shoulder.
By: TrendSpider | August 6, 2023
• $BABA Bull case for Baba would be a positive reaction to this week's earnings report, taking price up to the neckline and completing the right shoulder.
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$BABA Opening OTM activity ahead of ER 12/15 $140 CALLS - $2.2 mil premium/12.8K contracts
By: FLOWrensics | August 3, 2023
• $BABA Opening OTM activity ahead of ER
12/15 $140 CALLS - $2.2 mil premium/12.8K contracts.
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Alibaba Group Holding Ltd. $BABA Broke out of range on Friday, 104 next resistance then can test that gap just over 105
By: Options Mike | July 30, 2023
• $BABA Broke out of range on Friday, 104 next resistance then can test that gap just over 105.
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Alibaba $BABA back with a vengeance today, above the $100 psych level and pushing towards the March highs!
By: TrendSpider | July 28, 2023
• $BABA Alibaba back with a vengeance today, above the $100 psych level and pushing towards the March highs!
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Notice, how they always seem to find your(my) stops.
insert profanity here !!
China does, like they hide most everything..
China is in the beginning of an epic downfall, all thanks to authoritarian communist policies.
I guess if you like China, North Korea, and Russia as a growth play... Welcome to the VIE Shell company, BABA... Which isn't even Alibaba. Its a shell out of the cayman Islands, used to bypassed communist Chinese law. Its a big fake pile of dog shit.
They laughed at me at $300, when I said $90 was coming....
Authoritarian communist companies, are the absolute worst to put money into..
I think America just props it up, to keep ties. At some point, America and China will go to war, and communist China will end. Nobody can compete with the US full force. Nobody.
China is falling hard. Its population age problem alone, is a death sentence. They can do one thing... Join the US.
Trying to move forward with Russia and North Korea, is insanity.
This is about the last thing to worry about. America doesn't even hide their homeless, and it doesn't seem to hurt them.
Alibaba $BABA $1.4 Million Call • Strike: 85 • Expiration: 8/18/23
By: Cheddar Flow | July 25, 2023
• $BABA $1.4M ITM Call
Strike: 85
Expiration: 8/18/23
*Above the Ask*
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The Secret behind China's Ghost Cities
China is Hiding its homeless people - Pretending they don't exist!
Alibaba Group $BABA Quiet week dancing on the 8D.. coiling... 97 for Range break up, 90 to the downside
By: Options Mike | July 23, 2023
• $BABA Quiet week dancing on the 8D.. coiling... 97 for Range break up, 90 to the downside.
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Despite its impressive growth in operations, revenues, and profits, Alibaba stock remains undervalued. Alibaba appeal and potential for investors looking for value in the market are further highlighted by share repurchases and forecasts for double-digit earnings growth.
$BABA Solid breakout retest & bounce yesterday for Alibaba, the question is will it hold?
By: TrendSpider | July 19, 2023
• $BABA Solid breakout retest & bounce yesterday for Alibaba, the question is will it hold?
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Alibaba Group $BABA this name is very tough, huge move last week, 102-104 area is the next big resistance zone
By: Options Mike | July 16, 2023
• $BABA this name is very tough, huge move last week, 102-104 area is the next big resistance zone if it wants more.
Watch for a dip to the 8D.
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