|
Post by birthmark on Jun 26, 2015 10:56:06 GMT -5
It has a way to go before confirming, but seeing the possibility for BABA in the low to mid 50's now Yowzers... I like the call Huh. I see you had your multi-vitamin this morning
|
|
|
Post by huh on Jul 7, 2015 9:00:52 GMT -5
...[BABA] I think at least ~76/77. A potential pattern exists for ~73.50. And would love to see 60's ($68.00 was the IPO price)... BABA hitting that first downside target range (~76/77). Could possibly bounce some from here for a little squeeze of the pattern (>78 would signal the squeeze, though I still wouldn't chance it long), but now seeing a potential downside target slightly under 54
|
|
|
Post by huh on Aug 12, 2015 8:09:16 GMT -5
BABA above it's top BB, and overshot the top of a bear flag channel, and that overshoot hit the 76.4 FIB of the entire bear flag perfectly. Now back into the channel. If it loses 86, it's a major short IMO. Downside ~72-73. (need it to lose that previous FIB first to confirm that it's not going to try to fill that upside gap ~98) [chart] BABA down ~5% in pre and hitting this particular downside target. Should bounce before continuing on to it's next near term downside target ~68.20. Still seeing a long term downside target in low to mid 50's unless something drastic changes (ie. a bottoming pattern). I was going to post a montage of all of the technical and fundamental posts I did on why to short BABA, but I'm lazy today. If interested, use the site's search for keyword BABA for posts by "huh" (work backwards from oldest posts). It really is pretty amazing when you look back at the fundamental warning signs I was pointing out relative to what it's stock price has done. Sort of an HAHA moment - much like looking back at many of the dot com warning signs.
|
|
|
Post by huh on Aug 12, 2015 9:54:34 GMT -5
...BABA down ~5% in pre and hitting this particular downside target [72-73]. Should bounce before continuing on to it's next near term downside target ~68.20... ~76.25 now resistance & backtest of larger bear pattern (in case it does bounce)
|
|
|
Post by novie08 on Aug 12, 2015 10:03:07 GMT -5
Cramer recommended BABA the other day, lololol.
|
|
|
Post by huh on Aug 12, 2015 11:56:43 GMT -5
Cramer recommended BABA the other day, lololol. Ironically, I think this will be a fantastic buy and hold someday. Just not now. And only so long as we don't go to war with China, or with a country backed by China.
|
|
|
Post by jacksrbtr on Aug 12, 2015 14:08:00 GMT -5
Cramer recommended BABA the other day, lololol. Ironically, I think this will be a fantastic buy and hold someday. Just not now. And only so long as we don't go to war with China, or with a country backed by China. That's a similar rationale why we'll never be able to go to war against Iran once the sanctions against them have been lifted and Iranian pistachio nuts are once again allowed back into this country. (Zenobia Pistachio Nuts were one of my favs when I wuz a kid. They came in a little cardboard box with cellophane window and had oriental-type graphics. That and 2-3 Bazooka bubble gums and I was in heaven). Do t ask where this just came from I just woke up from a Summers afternoon nap.
|
|
|
Post by huh on Aug 13, 2015 11:17:54 GMT -5
...BABA down ~5% in pre and hitting this particular downside target [72-73]. Should bounce before continuing on to it's next near term downside target ~68.20... ~76.25 now resistance & backtest of larger bear pattern (in case it does bounce) BABA almost to the bear pattern backtest. Anything ~76.15-76.25 would complete it. Could squeeze back over it, especially because analysts are now finally downgrading it, but I'd wait for technical confirmation on that one.
|
|
|
Post by huh on Sept 21, 2015 8:10:04 GMT -5
It has a way to go before confirming, but seeing the possibility for BABA in the low to mid 50's now BABA lock up ended Saturday (63% of it's outstanding shares now available to be sold) "Alibaba Group Holding Ltd. set a record with the size of its initial public offering. Now five times that amount of stock just became available..."I believe a short term bottom could finally be coming soon for BABA. Perhaps between 50-53 (~51.00 the ideal entry)
|
|
|
Post by birthmark on Sept 21, 2015 21:32:51 GMT -5
Thx for the reminder Huh. Still waiting on this one.
Come on down 51!!!!!!!
GL
|
|
|
Post by novie08 on Sept 22, 2015 8:52:33 GMT -5
ITMS recommended YAHOO; sorry can't remember entry price. Says the chart is "beautiful".
|
|
|
Post by huh on Sept 22, 2015 8:56:19 GMT -5
ITMS recommended YAHOO; sorry can't remember entry price. Says the chart is "beautiful". I don't see it. Then again, many thought/think the woman in the Mona Lisa is beautiful
|
|
|
Post by novie08 on Sept 22, 2015 9:46:01 GMT -5
OK, relistened to the vid...he's talking s-t...put stop at $29, looking for $35, looks like it just made a double bottom. So it's about a $4.5 upside potential. Also says if take out BABA, valuation is free at this price.
|
|
|
Post by novie08 on Sept 22, 2015 9:47:05 GMT -5
Ok with the UVXY but don't know when to sell, lol.
|
|
|
Post by huh on Sept 23, 2015 9:22:21 GMT -5
OK, relistened to the vid...he's talking s-t...put stop at $29, looking for $35, looks like it just made a double bottom. So it's about a $4.5 upside potential. Also says if take out BABA, valuation is free at this price. Technically speaking, I just don't see it. I see a downside target in low 27's, but nothing for upside, at least not yet. Fundamentally speaking, from what I've read, the proceeds from the BABA stake will be rolled over into the newly formed entity. So the current pps of YHOO is likely already reflecting the full value of YHOO without the BABA stake. So I don't understand why valuation would be free at this price without the BABA stake. I personally believe that BABA is the long term play here, especially once YHOO has unloaded its huge stake to all the MM's.
|
|
|
Post by novie08 on Sept 23, 2015 9:26:46 GMT -5
I agree with you on the BABA, just stating what Mr. Gareth said in the vid. Also still watching LL, for a trade only.
|
|
|
Post by huh on Sept 23, 2015 9:30:49 GMT -5
I agree with you on the BABA, just stating what Mr. Gareth said in the vid. Also still watching LL, for a trade only. Yeah, I knew that. Just explaining my thought so that if it's wrong, somebody will correct me on it. I'm not sure if current YHOO shareholders will get a piece of the newly formed company, and if they do, then the BABA stake should be considered in the current PPS (of course that would depend on the % of shares they receive and the selling price of BABA)
|
|
|
Post by huh on Sept 29, 2015 7:09:46 GMT -5
|
|
|
Post by huh on Oct 23, 2015 8:56:31 GMT -5
Sorry I haven't kept on this one, but I think BABA could go all the way to ~80 based on the squeeze of a recent descending triangle pattern. But in the bigger picture, I' still thinking low to mid 50's (~53)
|
|
|
Post by huh on Oct 27, 2015 8:38:46 GMT -5
BABA upside target hit for the squeeze of the descending triangle (~80). Let's see if it can hold that target, and its 200dma.
|
|