Alibaba (BABA) is going down ?

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Market

  • []Broader China Tech – CQQQ – Tracks a wide range of Chinese technology companies.
    []Large-cap China exposure – FXI – Focuses on major Chinese companies, including Alibaba.


Stock: Alibaba (BABA)

The stock has recently fallen below its 50-day moving average, indicating short-term weakness.

The 10-day moving average has crossed below the 20-day, a short-term bearish signal.

MACD is starting to reflect bearish momentum, suggesting growing market fear.

Selling volume has increased, confirming downward pressure from investors.

Fundamentals & Outlook

Despite recent technical weakness, Alibaba remains fundamentally undervalued relative to its peers and historical metrics.

The company continues to generate strong free cash flow and maintains a healthy balance sheet.

However, broader market sentiment around Chinese tech remains cautious due to regulatory overhang and global macro factors.

Conclusion

Near-term pullback is possible due to bearish technical indicators and weak sentiment.

Long-term investors may view this as a potential accumulation zone, provided there's risk tolerance for volatility in the China tech sector.

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