i just wanted to share this idea i am not sure about it so i will wait to see the result
after a price drop from 580$ I think finally market is trying to change the trend. weekly chart is showing me a positive divergence but its important for stock to create a HH and then a HL.
after 900 days of decreasing price i think BABA finally is trying to create support zone for buyers. for me 150$ dollar is so important if BABA could toch this price without strong rejection we can think about starting a new rally. but for now if i wanted to buy this stock i would buy it in this prices.