Falling Wedge- Bullish

Chinese stocks have been getting beat down for quite a while now ever since the last-minute blocking of the Ant Group IPO. A lot of negative investor sentiment around stocks such as BABA BIDU Tencent etc. fearing more regulation from the Chinese government. However, that being said, in my opinion- they are some of the only stocks in the market that are fairly, if not undervalued. Something that is quite hard to come by in a market that has thrown fundamentals out the window a long time ago. Will be watching BABA closely in the coming weeks, big falling wedge on its yearly chart in addition to nearing the oversold range on the RSI- will be looking for potential entries for some credit spreads and/or IC's as BABA has the tendency to trade sideways. Regardless, am bullish long-term. Just some FIB levels and RSI-based supply and demand zones to keep an eye on as well.