BABA A descending triangle is forming on the chart, with strong resistance around $118 and horizontal support near $102. The structure suggests a potential breakdown, targeting a move of ~−9.8%.
Key observations:
• Price rejected from the descending trendline multiple times
• Stochastic turning down from the overbought zone
• RSI below 50 – room for further downside
• Bollinger Bands show compression, possibly preceding a breakout
📉 Business context:
Alibaba is facing ongoing challenges in its core business. Competition in the e-commerce and cloud sectors has intensified, import/export tariffs are putting pressure on margins, and regulatory oversight from Chinese authorities remains strict. These headwinds may weigh on investor sentiment and stock performance.
My short scenario:
If the price breaks below the $111–$110 zone with volume confirmation, I expect a move toward $102–$100.
トレード終了: 利益確定目標に到達
Alibaba BABA stock has reached the previously identified target level.
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これらの情報および投稿は、TradingViewが提供または保証する金融、投資、取引、またはその他の種類のアドバイスや推奨を意図したものではなく、またそのようなものでもありません。詳しくは利用規約をご覧ください。