Unlike the gigantic losses of Tencent, BABA is just getting caught in the fear surrounding Asia -and mostly China- stocks right now. If it keeps on going down and reaches 169.9, that price will be too good to pass up. BABA is huge and aggressively growing, they will not stick at this level.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.