Alibaba $BABA has been consolidating, and possibly completing a price top. This comes after a very strong rally in 2017. BABA Daily Chart (click to enlarge) Common Support:- As we can see on the daily chart, shares of Alibaba has fallen back to a common support going back to August 2017, around $165.- Meanwhile, the RSI is dipping below 30.- Because the prevailing trend is bullish, these signs suggest we should anticipate support here. - I think the 160-$165 area will provide support.- Below $160, we should anticipate a slide towards the $148-$150 support/resistance pivot area.