BABA Hits New 7‑Day Low While Holding Above 30‑Day Support

BABA slipped to a fresh 7‑day low of 115.70, just below the prior 7‑day extreme of 115.72. The move leaves the stock 3.7% above its 30‑day low at 111.43, leaving room for a potential reclaim of that level or a continuation lower if support fails.

• New 7‑day low established at 115.70, marginally below prior 7‑day extreme.
• Price remains 3.7% above the 30‑day low of 111.43, keeping nearby support intact.
• Market structure shifts from a brief pause to a test of the 30‑day support zone.