Why exactly is this point in time the right moment to buy every share you can get? There seem to be lots of sellers stepping up to sell you every share you can buy. BABA is in an unrelenting downtrend at the moment. It went down further today on what was an UP day for the market. $BABA, Alibaba Group Holding Limited / H1 Why not wait for it to actually show a bottom before piling in? If BABA is truly undervalued, then there will be plenty of upside remaining after it sustains a break in the trend. I will be keeping my powder dry waiting patiently. Would recommend readers load up a YTD daily chart and look at 20 and 50 day simple moving averages. Note the sustained downtrend since March. Then go back in Seeking Alpha and look at all the articles on BABA. It's a very popular subject for authors. Look at all of the headlines and sample the bullish ones saying: "Undervalued", "too low", "now is the time to buy", etc. etc.. I will be waiting for a sustained breakout above the 20dMA and would at a minimum like to see the 20dsma trending up and threatening to cross the 50dma. This thing has zero momentum right now. Every time it approaches the 20dsma, it retraces and finds a new lower low. notes from user