đš $BABA : Crash from Resistance
The dip is real.
-10.00% in 24h | -$12.40 drop
Price broke below MA with heavy volume
NEXT SUPPORT: $85
Lowest level since January
CHART SETUP:
Resistance rejected â
Downtrend confirmed â
Volume spiking â
WHY: $10.2B share sale + 75% profit cut due to AI spending
KEY QUESTION:
Is this a BUY THE DIP for AI growth?
Or more downside ahead?
Tech stocks = High volatility season
#Alibaba #StockMarket #AI #ChinaStocks #crashmarket
The dip is real.
-10.00% in 24h | -$12.40 drop
Price broke below MA with heavy volume
NEXT SUPPORT: $85
Lowest level since January
CHART SETUP:
Resistance rejected â
Downtrend confirmed â
Volume spiking â
WHY: $10.2B share sale + 75% profit cut due to AI spending
KEY QUESTION:
Is this a BUY THE DIP for AI growth?
Or more downside ahead?
Tech stocks = High volatility season
#Alibaba #StockMarket #AI #ChinaStocks #crashmarket