BABA Stock Technical Analysis

BABA Stock Technical Analysis

If you played my previous analysis of $BABA you could have had more than 50% profits. Is it to late to buy BABA?
Let’s find it out in today’s analysis.

Previous analysis of $BABA +50% profits:
https://www.youtube.com/watch?v=cUerMLCngrE

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BABA Stock:
BABA is the ticker symbol for Alibaba Group Holding Limited, a multinational technology conglomerate headquartered in Hangzhou, China. It's one of the world's largest e-commerce companies, often referred to as the "Amazon of China."
Origins and Growth:
* Founding: Alibaba was founded in 1999 by Jack Ma and a group of 17 other individuals in Hangzhou, China. Initially, it started as an online marketplace connecting Chinese manufacturers with businesses abroad.
* Rapid Expansion: Alibaba quickly expanded beyond its initial e-commerce platform to encompass a wide range of businesses, including:
* Taobao: A consumer-to-consumer (C2C) e-commerce platform similar to eBay.
* Tmall: A business-to-consumer (B2C) platform focused on branded goods, comparable to Amazon.
* Alipay: A mobile and online payment platform, often considered the largest mobile payment platform in the world.
* Cloud Computing: Alibaba Cloud provides cloud computing services to businesses and individuals.
* Digital Media and Entertainment: Alibaba has investments in various digital media and entertainment companies.
What Alibaba Does:
* E-commerce: Alibaba's core business is e-commerce, facilitating the buying and selling of goods and services online through its various platforms.
* Cloud Computing: Alibaba Cloud offers a wide range of cloud computing services, including data storage, computing power, and networking.
* Digital Payments: Alipay is a dominant force in the digital payments industry in China, enabling users to make payments, transfer money, and access various financial services.
* Artificial Intelligence: Alibaba has been investing heavily in artificial intelligence research and development, with applications in areas like e-commerce, cloud computing, and autonomous driving.
* New Retail: Alibaba is pioneering a new retail concept that integrates online and offline shopping experiences, leveraging technology to offer consumers more personalized and convenient shopping options.
Why BABA Stock is Often in the News:
* Regulatory Scrutiny: Alibaba and other Chinese tech giants have faced increased regulatory scrutiny from the Chinese government, leading to antitrust investigations and fines.
* Geopolitical Tensions: The ongoing trade dispute between the United States and China has had a significant impact on Alibaba's stock price.
* Innovation and Expansion: Alibaba continues to innovate and expand into new markets, making it a popular stock among investors.
For more detailed information, you may want to consult the following resources:
* Alibaba's Investor Relations website: This is the official source for financial information and company news.
* Financial news outlets: Major financial news outlets like Bloomberg, Reuters, and The Wall Street Journal provide regular coverage of Alibaba and its stock.

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00:00 ⏩ Intro
00:22 ⏩ BABA Stock Technical Analysis
07:41 ⏩ Thanks and Goodbye + Outro

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*Disclaimer*
Please be advised that the content of my videos are intended FOR EDUCATIONAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results.

This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research.