Bloomberg's 15-Minute Chart Shows Overbought RSI, Bearish Marubozu Pattern

The 15-minute chart for B stock triggered a reading of overbought RSI and a bearish Marubozu candlestick pattern on September 8, 2025, at 09:45. This suggests that the stock price has risen rapidly and exceeds the underlying fundamentals' support, indicating that sellers are dominating the market. Consequently, the bearish momentum is likely to persist.

Alibaba Group Holding (BABA) experienced a significant boost in its stock price following the launch of its latest AI model, Qwen-3-Max-Preview, on its official cloud services platform and the OpenRouter marketplace for large language models. The model, which features over one trillion parameters, marked a new peak in scale and intelligence, surpassing the performance of its predecessor, Qwen3-235B [1].

The release of Qwen-3-Max-Preview has sparked a surge in retail user interest, with a nearly 400% increase in message count on Stocktwits over the last 24 hours. Retail sentiment on Alibaba was in the 'neutral' territory, with message volumes at 'high' levels, as of 9:30 am ET on September 8, 2025 [1]. This indicates a shift in market sentiment from 'bullish' to 'neutral,' suggesting a cautious approach among investors.

Shares of Alibaba were up nearly 4% in early trading on Monday, September 9, 2025. The company had previously launched the Qwen3 series this year, which includes six dense models and two Mixture-of-Experts (MoE) models, offering developers flexibility to build next-generation applications across various sectors [1].

Additionally, Alibaba's cloud unit led a $100 million investment round in Chinese robotics startup X Square Robot, further expanding its presence in the advanced technology sector [1]. This strategic move underscores Alibaba's commitment to innovation and growth in emerging technologies.

On the technical front, the 15-minute chart for BABA stock triggered a reading of overbought RSI and a bearish Marubozu candlestick pattern on September 8, 2025, at 09:45. This suggests that the stock price has risen rapidly and exceeds the underlying fundamentals' support, indicating that sellers are dominating the market. Consequently, the bearish momentum is likely to persist [2].

References:
[1] https://newsable.asianetnews.com/markets/alibaba-stock-pops-on-qwen-3-max-preview-launch-retail-chatter-soars-400-articleshow-p7gp8ik
[2] Technical chart analysis not provided in source materials.