Alibaba Group Holding Ltd

BABA has formed a Bullish Pivot Point signaling structural repair after a prolonged decline, with the 9EMA and 20EMA crossing above the flattening SMA50 and price closing decisively above without reversal. However, RSI and the Options Score are at extreme overbought levels, indicating cooling risk and potential for a pullback. Short-term EMAs remain rising but price is extended, so optimal engagement should be deferred into a pullback closer to the 9/20 EMA support zone. Key risks include rejection at the 50 SMA and failure to hold the rising EMA band on a retracement.

• ↑Total revenue rose 11% to RMB284.8B; cloud intelligence up 40%.
• ↑AI product revenue delivered triple-digit growth for 11th straight quarter.
• ↓Adjusted EBITDA plunged 84%, raising profitability sustainability concerns.