Alibaba Group Holding Ltd

BABA is in a clear Stage 4 declining phase with bearish continuation patterns and price trading below the 9/20 EMA band after a support failure on strong volume; no oversold exhaustion is evident, reinforcing further downside participation, thus warranting a Sell Now execution near the EMA resistance zone.

• ↑Cloud revenue rose 45% YoY, driving strong segment momentum.
• ↑AI-related product revenue achieved triple-digit growth for 12 quarters.
• ↓Net income fell 75% YoY to RMB 10.4 B, undercutting profitability.