Pentagon Adds Alibaba, Baidu, and BYD to Military List Update

The news indicates that the US has added Alibaba to its military list update. This geopolitical risk could exert pressure on the stock. Technical indicators are already in oversold territory (RSI 26.5) and below the MACD signal line. Selling pressure is likely to persist in the short term. However, the oversold zone may trigger some buying on dips, so I believe the decline could be limited.

The Pentagon's inclusion of BYD on its military list could increase geopolitical risks, putting pressure on the stock. Technical indicators already show a weak outlook: the RSI is neutral at 47 but with a downward bias, the MACD is below the signal line, and the price is below the 20-day moving average. Short-term selling pressure is likely to persist, though the 50-day moving average (86.17) may be tested as a nearby support. The negative momentum from the news could last for several days.

The news regarding Baidu's inclusion on the US Department of Defense's military list increases geopolitical risks, potentially pressuring the stock. Technical indicators already point to a weak condition: RSI is in oversold territory at 14, MACD is negative and below the signal line, and the price is below both the 20-day and 50-day moving averages. The 11% decline over the past 24 hours indicates sustained selling pressure. With negative news flow and technical weakness combined in the short term, the downtrend is likely to continue.

The news that BYD has been added to the US Department of Defense's military list increases geopolitical risks. Although the RSI at 23.6 indicates oversold territory, the MACD remains below the signal line and in negative territory. The price is trading below both the 20-day and 50-day moving averages. The 4.9% decline in the last 24 hours suggests continued selling pressure. In the short term, the negative news flow and weak technical structure are expected to sustain the downward trend.