BABA - High Tight Flag - 2025-02-07

BABA Trade Summary

Performance metrics and trade details for BABA breakout.

About

The trading chart for Alibaba (BABA) from Jan 2025 to Feb 2025 indicates multiple buy points with potential gains of 40%-50%. 

 

  • Breakout of 50 SMA in late January, which was a significant entry point as the stock moved above its 50-day Simple Moving Average with increased volume, signaling strong buying interest.
  • 10 x 21 x 50 Moving Average alignment in mid-January, where the 10, 21, and 50-day MAs all converged, providing another entry opportunity with the previous day's low as a stop.
  • Inside day followed by a breakout in late January, where the stock consolidated before breaking out with high volume, suggesting continued upward momentum.

 

The stock showed a maximum gain of around 40%-50% from these entry points, with notable price increases of up to 20%+ before some profit-taking or position adjustments were suggested. The chart also highlights a period of tightening up before another potential breakout, indicating strategic entry and exit points for traders.

After Breakout

BABA - High Tight Flag - 2025-02-07 after breakout

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