Alibaba (BABA) stock broke down yesterday with momentum shifting. PT $200 was close but an impending trade war and complaint from the U.S. to WTO will complicate things. BABA is the leading indicator and holding for China-based markets.The negative macro news between US/China will hurt BABA stock. $BABA, Alibaba Group Holding Limited / H1 Alibaba will not close above $200 by forecast date.Related: BIDU, WB, are core China-based stocks.Agree or disagree?Login now to vote. Join the group of Value Stocks. With 800 members strong. Comment below.