Alibaba Fresh Sell Signal: Decline Already at 6.81%

Alibaba Group Holding receives a fresh weekly sell signal at week 1, with the decline already at 6.81% from inception. The weekly structure is bearish, the price is below the Ichimoku cloud, and a sequence of 3 lower highs on the daily chart — from the 137 area down to the 122 area — confirms the direction. The quality band flags trading as not recommended: those not already positioned face an elevated-risk environment per our model.