IF market weakness persists, traders may target $169.26 or a re-test of the April 2018 lows. In an ideal world, the perfect set-up would be for BABA to re-test those lows come fall, and then proceed to trade back above $182.57, confirming a low on the weekly and monthly time frames. OR Use $185.13 as support throughout this consolidation phase into year-end before reclaiming $198. Of course, the market rarely gives you the set-up you want. For now its best to trade both ranges; lower range -- $179.73 to $186.06 and the higher range -- $192 to $210, or if you believe in the long term trajectory of the company, buy in increments on prints between $169 to $185 and/or above $198.00. Like the broader market, this is going nowhere fast until tech consolidates further and a new sector emerges as a leader.