DeepSeek Completes $7 Billion Funding Round
📊 0700.HK — Piyasa Yorumu
▼ down · 60%The stock closed at 448.2 TL, below both the SMA20 (458.43) and SMA50 (457.93) levels, indicating a weak technical outlook. The RSI at 34.7 is approaching oversold territory but has yet to signal a recovery. The MACD line remains below the signal line and in negative territory, suggesting continued bearish momentum. DeepSeek's completion of a major funding round could intensify competition in artificial intelligence, potentially pressuring large-cap tech stocks such as Tencent. In the short term, selling pressure is likely to persist, with a possible test of the 440 TL level.
📊 BABA — Piyasa Yorumu
▼ down · 60%BABA shares have lost more than 3% in the last 24 hours, with the RSI falling below 40, indicating short-term weakness. The MACD line remains below the signal line and in negative territory, while the price is trading below the 50-day moving average. Although DeepSeek's completion of a major funding round has increased interest in Chinese AI companies, BABA's technical indicators maintain a bearish trend in the short term. Closing just below the 20-day SMA suggests that selling pressure may continue.
📊 BIDU — Piyasa Yorumu
▼ down · 60%DeepSeek's large funding round may increase interest in Chinese AI companies, but it could create competitive pressure on BIDU in the short term. Technically, the price is just above the 20-day moving average but remains below the 50-day moving average. The RSI is in weak territory at 45, and the MACD line is below the signal line, trending negatively. The 1.4% decline in the last 24 hours confirms downward momentum. Therefore, a continued short-term downtrend can be expected.