There is a high chance that
BABA (and other Chinese stocks) has not bottomed and will make a new low, because 1) the rally so far has been 3 waves (zigzag), 2) RSI divergence of the lows on daily need to be erased, 3) recent rally got rejected at 200MA
If the drop breaks below 77, I'm quite sure a new low will happen
JD
BIDU
FXI
HSI
If the drop breaks below 77, I'm quite sure a new low will happen
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