$Alibaba(BABA)$  $JD.com(JD)$ $iQiyi Inc.(IQ)$  and $Baidu(BIDU)$  have all formed a swing low in recent price movements.

China's technology sector has experienced a recent correction, presenting a potential buying opportunity for investors with a long-term perspective.

The recent swing lows experienced by Alibaba, JD.com, iQIYI, and Baidu could be a sign of a strength, especially for JD.com and IQiyi where the price closed higher and above EMAs. This present potential opportunity for investors with a long-term outlook.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet