 When it comes to diversified tech giant Alibaba NYSE:BABA, being an investor comes with its share of harassment. Nevertheless, its time to watch for a capitalist opportunity now that a key battle line has been crossed.Source: zhu difeng Shutterstock.com For U.S. investors, profiting in Chinese stocks has been more challenging these days. Many large-cap stocks and industry leaders in China ranging from Tencent OTCMKTS:TCEHY, to China Mobile NYSE:CHL, China Life Insurance Company NYSE:LFC or China Petroleum Chemical Corporation NYSE:SNP have produced lackluster or negative returns in their U.S.-listed American Depository Receipts. And certainly the trade war has been a drag on stock performance.But Alibaba stock has been different. Thats not to say its been easy. Still, the fact is BABA has gained about 23 in 2019. The return is more than the SP; 500s climb of 18 and towers above U.S. tech giant Amazons NASDAQ:AMZN 13 year-to-date increase.InvestorPlace - Stock Market News, Stock Advice Trading Tips Why is Alibaba Stock Different?So, what is the deal with shares of BABA? Alibaba stock has and continues to defeat investors fears within this macro-charged environment. Most recently BABA stock toppled Street profit and sales forecasts in mid-August. 7 Beverage Stocks to Buy Now To be certain, theres always going to be something or someone trying to get investors to back away from buying Alibaba despite its successes. For some that might include recent reports the U.S. is considering delisting Chinese stocks. And that threat cant be entirely ignored. Or maybe fake merchandise sales in the past or allegations of accounting shenanigans have prevented investors from taking action in BABA stock?Okay, so theres plenty of reasons not to buy BABA shares. But obviously those arguments dont include price performance. Most important, Alibaba stock continues to come out on top despite headline warnings and a challenging market for Chinese stocks. Now and with BABA crossing an important battle line on the price chart, its time to put shares on the radar for a well-timed purchase. BABA Stock Weekly ChartAs noted above, capturing BABA stocks gains of around 23 hasnt been a walk in the park. And as expressed, bad press isnt likely to just disappear. The better news is I also dont believe Alibabas impressive rally is finished. I see a solid entry for a risk-adjusted purchase of BABA stock.The weekly chart shows that since failing from a breakout attempt to new highs last year, Alibaba stock has established a corrective symmetrical triangle base. Its not perfectly formed with clear-cut pivots to define the pattern, but the essence of this bullish formation is there.Following last weeks price action, shares of Alibaba are in position to confirm a bullish engulfing candlestick which puts BABA stock back above the 50 retracement level of the base, as well as the triangles apex line. With stochastics in a pullback set-up in neutral territory and on the verge of signaling a bullish crossover, the situation looks all the more promising. How to Trade AlibabaId recommend buying Alibaba shares above 174.88. This entry waits for the BABA stock price to confirm last weeks candlestick and reinforces the bias for continued upside in the bullish triangle pattern. If BABA rallies, a breakout through angular resistance near 185 might be watched for adding shares on strength and before looking to take partial profits in-between 195-215.For containing downside exposure in Alibaba stock, Id keep an eye on the weekly stochastics to continue to support the position and set a modified stop-loss beneath 165 for a stronger risk-adjusted exit that offers sufficient evidence off and on the price chart for closing the trade.Investment accounts under Christopher Tylers management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tylers observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. . For additional market insights and related musings, follow Chris on Twitter Options_CAT and StockTwits. More From InvestorPlace 2 Toxic Pot Stocks You Should Avoid 7 Beverage Stocks to Buy Now 10 Groundbreaking Technologies Created by Universities 5 Semiconductor Stocks Worth Your Time The post Alibaba Stock is a Strong Buy Now -- More Than Ever Before appeared first on InvestorPlace. 