September 30, 2024
Risk Disclaimer: The example below is for illustrative purposes only and is based on price movements derived from Contracts for Difference (CFDs). The calculations reflect hypothetical outcomes using historical or specified price data for the relevant instrument on the stated date and are not indicative of future performance. Any reliance placed on this material is strictly at the user’s own risk.
Alibaba (#ALIBABA) weekly special report based on 1 Lot Calculation:
E-COMMERCE: THE INDUSTRY
ALIBABA: THE COMPANY
E-COMMERCE MARKET SHARE (COUNTRY) China is estimated to claim 52.1% of the global market, USA with 20.1%, UK with 3.4% and Japan with 3.3%. Rest of the world covers 21.1%.
E-COMMERCE MARKET SHARE (COMPANY) Alibaba (Taobao and Tmall) claimed 24.00%, while Amazon took up 13% of the global e- commerce market. JD.com claimed 9.20% of the market.
ALIBABA: NEWS AND EVENTS
ALIBABA: RECENT PRICE ACTION

Source: Fortrade MetaTrader 4
GRAPH (Monthly): January 2017 – September 2024
*Please note that past performance does not guarantee future results.
#ALIBABA, September 30, 2024
Current Price:111
|
Alibaba |
Weekly |
|
Trend direction |
|
|
200 |
|
|
160 |
|
|
120 |
|
|
102 |
|
|
100 |
|
|
98 |
Example of calculation based on weekly trend direction for 1 Lot1
|
Alibaba |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
89,000.00 |
49,000.00 |
9,000.00 |
-9,000.00 |
-11,000.00 |
-13,000.00 |
|
Profit or loss in €2 |
79,468.12 |
43,752.11 |
8,036.10 |
-8,036.10 |
-9,821.90 |
-11,607.70 |
|
Profit or loss in £2 |
66,391.16 |
36,552.43 |
6,713.71 |
-6,713.71 |
-8,205.65 |
-9,697.58 |
|
Profit or loss in C$2 |
120,321.33 |
66,244.33 |
12,167.33 |
-12,167.33 |
-14,871.18 |
-17,575.03 |
1. 1.00 lot is equivalent of 1000 units
2. Calculations for exchange rate used as of 12:55 (GMT+1) 30/09/2024
There is a possibility to use Stop-Loss and Take-Profit.
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