ADM-201 dumps 70-533 answer analysis 70-347 study material 400-051 exam kit

Alibaba Group Holding Limited (NYSE:BABA) has agreed to pay $2.23 billion for a roughly 10% stake in Focus Media

Alibaba Group Holding Limited (NYSE:BABA) has agreed to pay $2.23 billion for a roughly 10% stake in Focus Media

Chinese e-commerce giant Alibaba has agreed to pay $2.23 billion for a roughly 10% stake in Focus Media, the digital advertising company which operates screens in subways and elevators across .

The move holds the potential to boost Alibaba’s core e-commerce operations. But it also extends Alibaba’s as a media operator and may also signal a growing the company’s interest in the advertising sector. Alibaba is reported to be considering buying a stake in ad agency WPP .

The multilayered deal with Focus sees Alibaba pay $1.43 billion for a 6.6% stake in Shanghai-based Focus Media, whose shares are listed on the Shenzhen stock market.

Alibaba Group Holding Limited (BABA) received negative focus in Friday trading session. The stock has performed -0.05% and it registered share value at $187.25 in recent trade transaction. At present, the stock price sited at -11.55% from the 52 week high and situated at 26.95% from 52 week low. 12805335 shares traded on hands while it’s an average volume stands with 17637K shares. It Payout Ratio is 0.00%

Overall, the bias in prices is: Downwards.

Note: this shows extraordinary price action to the downside.

By the way, prices are vulnerable to a correction towards 192.26.

The projected upper bound is: 196.40.

The projected lower bound is: 177.77.

The projected closing price is: 187.09.

Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 2 white candles and 8 black candles for a net of 6 black candles. During the past 50 bars, there have been 22 white candles and 28 black candles for a net of 6 black candles.

Three black candles occurred in the last three days. Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Momentum Indicators

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 22.4374. This is not an overbought or oversold reading. The last signal was a sell 7 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 41.25. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 30 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -47. This is not a topping or bottoming area. The last signal was a buy 12 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 6 period(s) ago.

Rex Takasugi – TD Profile

ALIBABA GRP ADR closed down -0.090 at 187.250. Volume was 33% below average (neutral) and Bollinger Bands were 41% narrower than normal.

Open High Low Close Volume___
189.210 189.300 186.640 187.250 2,510,577

Technical Outlook
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish

Moving Averages: 10-period 50-period 200-period
Close: 190.13 197.02 186.36
Volatility: 23 30 37
Volume: 2,621,931 3,620,998 3,870,024

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

ALIBABA GRP ADR is currently 0.5% above its 200-period moving average and is in an downward trend. Volatility is relatively normal as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of BABA.N (mildly bearish). Our trend forecasting oscillators are currently bearish on BABA.N and have had this outlook for the last 19 periods.