pstock123

BABA BUY

Long
pstock123 Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Get READY to BUY BABA soon...coming next week or the week after.
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BABA, setting BUY STOP at 64.18 for 1,000,000 shares.
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1,000,000 shares of BABA was triggered in as BUY.
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Will add more Shares to BABA once price comes down to the $57 area.
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Up over $25 Millions so far, lets see if BABA will break 105.00, if NOT than it will come down one more time before it goes up.
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Okay, according to the chart, BABA should start to bounce up again to break it's high of $95.00
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Lets see NEXT week, January 2 to 6, if BABA will break above the $95 price level.
If BABA do NOT break the $95 price level, but instead comes down again, than I will exit all my positions for a profit and BUY BABA later, when it present another BUY opportunity, hopefully at a lower price.
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BABA has break the $95 price level and the trade is up close to $40 Millions.
It should also break the $105 price level, than it should pull back a little and continue up for a Long Term play of one year to three years.
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For BABA to be a Long Term play of one year to three years, it must continue to go up and break the $126 price level.
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Over $49 Millions so far in three months time, not so bad.
Hopefully BABA will break through it's high of $320 in one year to three years time for a bigger profit, into the hundreds of millions or past the $250 Millions and up.
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BABA is coming down, but it should BOUNCE UP AGAIN at the 98.00 to 90.00 area.
For those who are looking to BUY BABA, those price levels are where you should look for a BUY OPPORTUNITY.
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BABA is getting ready to setup for another BUY OPPORTUNITY. Once it present a BUY, I will add more shares to my positions through OPTIONS.
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Just BOUGHT enough CALL OPTIONS to make the same amount of money as the 1 Million shares, if BABA goes up again, which it will. So the time to BUY is today.
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That is why I ADDED CALL OPTIONS and NOT the shares it self, because I knew it may go down a little bit further before it bounce back up. Lets see if BABA will bounce back up at the 79.00 to 72.00 price levels. If NOT, I will EXIT all my SHARES for a profit and KEEP all of the CALL OPTIONS.
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This is why I ADDED CALL OPTIONS and NOT the shares it self, because I knew it may go down a little bit further before it bounce back up. Lets see if BABA will bounce back up at the 79.00 to 72.00 price levels. If NOT, I will EXIT all my SHARES for a profit and KEEP all of the CALL OPTIONS.

I will BUY back all the shares AGAIN at the 67.00 to 64.00 price levels if BABA bounce back from there. If it does bounce back from those price levels, than for sure it will be a long term trade for 1 to 3 years.
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Ok, seems like the BABA DAILY Candle has shown a little bit of sign that it wants to rebound up, so lets see if next week BABA will actually form and confirm to the upside or it will just continue to go down some more.
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So BABA should start going back up from here...CALL OPTIONS, BUY, etc.
How far will it go back up? First to 97.00 to 98.00, than if it breaks those price level than it should go back to 121.00. If BABA does NOT break the 97.00 to 98.00 price level than most likely it will go back down to the 67.00 to 64.00 price level before it will really do a real push up.
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BABA should start going back UP if it breaks the 85.30 price level. If NOt, BABA may go down to the the 79.00 to 77.00 price zone, before it goes back UP.
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Yes, BABA did come down to the 79.00 to 77.00 price zone. Now, getting ready to add another CALL OPTIONS worth a million shares , either tomorrow or next week.
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Update; Added CALL OPTIONS worth another million shares on June 5.
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This CURRENT WAVE down is the LAST CHANCE to BUY SHARES or CALL OPTIONS on BABA, before it makes a BIG MOVE UP.
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As of today, with the 1 Million Shares and the two CALL OPTIONS, these trade combine is UP over $67 Millions so far.
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BABA should start GOING UP from here...
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Lets see if the 77.00 price level holds, if it does BABA will go up from there, but if it does NOT, than BABA will continue down to the 74.00 to 58.00 price levels.
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Nothing to do on BABA, but soon I will probably have to unload all my shares and options for a small profit, if BABA does come down lower. Hopefully, BABA should hold at the 72.00 to 70.00 price level and start going up from there.
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Getting ready to add more CALL OPTIONS to BABA this morning, December the 6, 2023, if the evidence present it self.
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Just BOUGHT enough CALL OPTIONS to make the same amount of money as the 1 Million shares in terms of profit.
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Getting READY to add more PUT OPTIONS to BABA this coming week or the next.
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Just BOUGHT enough CALL OPTIONS to make the same amount of money as 2 Million shares, in terms of profit.
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