BABA Diamond Holder$BABA-W(09988.HK)
Alibaba: Technical Pressure Meets Deep Value
Alibaba shows strong contrarian buying signs now after recent selling. The heavy selling has driven its share price to HKD 104.90, close to its 52-week low of HKD 100.91.
✅ Quick Facts based on the infographic below:
🟢Extremely oversold: 4-hour RSI = 29.31; price sits near the lower Bollinger Band
🟢Attractive valuation: P/E = 16.79x, P/B = 1.68x -historically low levels
🟢Potential trigger: Despite macro challenges, ARK Invest activity and oversold conditions point to a possible rebound
Key level: The HKD 100–105 zone offers a tactical entry point.
Not financial advice . Personal view and always do your DD😉.
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