Queengirlypops
11-13 10:09

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@Barcode：$Alibaba(BABA)$ 📈🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 🐉📈🐉 Baba’s Dragon Awakens: Ready for a Roar? 🐉📈🐉 Kia ora Tiger traders! Alibaba ($BABA) has been in the hot seat, with recent price action indicating a suspenseful setup. Here’s the rundown on the latest market pulse and why this chart has my short-term trader instincts on full alert! 🚨 Latest News & Performance Highlights • Current Price: $95.42 (+1.31%) 📈 • Pre-Market Action: $92.20 (-3.37%) 📉— Volatility alert! • Earnings Countdown: Mark the date—Baba’s earnings drop on Nov 15, with high expectations across the board. Anticipation is mounting for China’s e-commerce titan to deliver. Source: CNBC $BABA LAUNCHES AI SEARCH TOOL “ACCIO” FOR SMALL BUSINESSES IN EUROPE & AMERICAS Alibaba’s AI-powered search engine, Accio, is designed to help small businesses source supplies. Initial tests show a 40% boost in purchase intent vs. traditional searches, per CNBC. Accio uses Alibaba’s AI to analyze product popularity and profitability, supporting English, German, French, Portuguese, and Spanish. 🔍 🔑 Key Data Points & Trend Breakdown Chart Analysis 📊 • 📏 Pattern Alert: The chart shows a descending wedge nearing breakout potential—historically a bullish signal! • 🔵 Entry Strategy: Waiting for Baba to cross the blue line for trend confirmation. This aligns with my 50-Day MA-focused approach for short-term traders! Moving Averages 📈 • 50 Day MA: Watch this space! • 200 Day MA (Investor territory) and 200 Week MA (Value hunter’s zone) are on the radar for those with a longer play. Support & Resistance • Support: $92 • Resistance: $96 A push through $96 could signal the start of a new bullish phase. Eyes peeled for that breakout! 💰 Capital Flow & Analyst Ratings Capital Flow: Positive inflow seen recently, with renewed interest from hedge funds betting on a post-earnings boost. Buy-Hold-Sell Ratings: • 🟢 Buy: 15 • 🟡 Hold: 8 • 🔴 Sell: 3 Analysts are leaning bullish here, what are they seeing? 📉 🗣️ Analyst Quote “Alibaba is positioned at a crucial juncture. The descending wedge pattern on the chart signals a potential breakout, pending confirmation post-earnings.” – Dylan Stark, Market Analyst 🕰️ Historical Perspective Remember the post-pandemic e-commerce boom? Baba led the way then, and we’re seeing similar hype with global shifts in tech and retail! This could be the time for Baba to reclaim its throne in the digital marketplace. Fun Fact Did you know? “Baba” in Chinese culture is associated with prosperity! No wonder this stock is a magnet for fortune-hunters, will this play out for the short-term trader as well? Hey Tiger Traders, are you keeping an eye on Baba’s earnings release next week? Do you see this pattern forming a potential reversal? TigerGPT, what other major stocks are showing a similar wedge pattern with an impending breakout potential? Are you ready to take a swing at this setup, or will you wait for the dragon’s roar? 🐉🔥 Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerObserver @TigerPicks @TigerStars @TigerPM @Daily_Discussion @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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