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Shooting star on Alibaba

On Alibaba the shooting star showed up 32 times. The target came first 31% of the time, the stop 69%, and 0% went nowhere within 12 candles.

Counted on Alibaba: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

Alibaba against the rest

The last 8 times

• 14 Sep 2026, 12:30 ET · hourly · stop first after 4 candles
• 20 Jul 2026, 13:30 ET · hourly · target first after 3 candles
• 10 Jul 2026 · daily · stop first after 3 candles
• 2 Jul 2026, 09:30 ET · hourly · stop first after 7 candles
• 1 Jun 2026, 13:30 ET · hourly · stop first after 3 candles
• 17 Apr 2026, 10:30 ET · hourly · target first after 6 candles
• 9 Apr 2026, 09:30 ET · hourly · stop first after 2 candles
• 11 Feb 2026, 09:30 ET · hourly · stop first after 1 candle

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the shooting star is

After a rise, buyers pushed up and sellers slammed it back down.

A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.

The full shooting star lesson, video and quiz ›

Other patterns on Alibaba

Inside bar · Gap up · Gap down · Stochastic bullish cross · Stochastic bearish cross · Spinning top · MACD bullish cross · Doji · MACD bearish cross · RSI overbought drop · all of them

The shooting star elsewhere

Dow Jones · Tesla · Broadcom · Oracle · Microsoft · Meta · Intel · Boeing · Amazon · Bank of America · Sony · GBP/USD · EUR/JPY · Silver · Ethereum · Bitcoin