US Blacklists Chinese Giants Including Alibaba and BYD
📊 BABA — Piyasa Yorumu
▼ down · 70%The news of the US blacklisting Alibaba has placed significant geopolitical pressure on the company. Technical indicators also support this negative outlook: although the RSI is in oversold territory at 26.5, the MACD remains below the signal line and in negative territory. The stock is trading below both its 20-day and 50-day moving averages, with a 5.9% decline in the last 24 hours. Selling pressure is likely to persist in the short term, though the pace of decline may be limited due to oversold conditions.
📊 BIDU — Piyasa Yorumu
▼ down · 75%The news indicates that the US has expanded its sanctions against Chinese technology giants, posing a serious geopolitical risk for BIDU. Technical indicators already paint a weak picture: RSI is in oversold territory below 25, MACD is below the signal line and negative, and the price is trading below both the 20-day and 50-day moving averages. The 11% drop in the last 24 hours confirms the intensity of selling pressure. In the short term, the downtrend is expected to continue due to negative news flow and technical breakdowns.
📊 BYDDY — Piyasa Yorumu
▼ down · 70%The news indicates that BYD has been added to the US blacklist, which could create negative pressure on the stock. Technical indicators already paint a weak picture: RSI at 23.6 is in oversold territory, MACD is below the signal line, and the price is below both the 20-day and 50-day moving averages. The 4.9% decline from the last close suggests continued selling pressure. In the short term, the combination of negative news flow and technical weakness suggests the downtrend may persist.
📊 NIO — Piyasa Yorumu
▼ down · 70%The news increases geopolitical risks for Chinese companies, directly impacting NIO. Technical indicators are already weak: RSI at 38 in the sell zone, MACD below zero and below the signal line, and the price below both the 20-day and 50-day moving averages. A 5.7% decline in the last 24 hours indicates continued selling pressure. In the short term, a bearish trend is expected due to negative news flow and weak technical structure.