Currently I am looking for the short entry into the Alibaba share. On a weekly basis, the stock would be a correction quite well. In the last 3 years, the course has been training ever higher highs and tripling.
The entry into the shorts would ideally be in the range of $ 198-200 and then would have to be confirmed intraday.
The first target range of the movement would be about $ 170, if necessary, the $ 150 could still be reached.