ALIBABA. ADR. Friday close. Looks really bad. If because Taiwan and you don't think there's going to be war over Taiwan... could be an opportunity. If Taiwan situation escalate then end of the world.
Afterall the Long Term Up Trend Line is still intact.
Ben 23 : The indices rally the day after Russia Ukraine war started but still went to create new lows. Need to respect market trends.
Sonic The HEDGED OP Ben 23 : At the time it's was "inflationary fears" and the Russian war added to the "inflationary fears".
Taiwan is a single issue "scare". When the markets decide that there is not going to be a Taiwan war, the market situation should resolve.
Of course, "something else" might pop up even if everybody decides there is not going to be a Taiwan war.
This is why it is risky.