Alibaba $BABA has been stalled its bull market since late 2017, though it did make a push to a all-time-high around $206 per share in January 2018. The daily chart below shows that the market is essentially consolidating. But because of the prevailing uptrend, we should pay attention to the support levels price is falling to.BABA Daily Chart(click to enlarge)Key Support:- Looking at the daily chart, we can see that price has been falling after failing to clear above $200 in March. - Now with price just under $175, BABA is right at its 200-day simple moving average (SMA). Staying above this SMA would be a bullish sign.- Also, note a triangle support right around $172.- Then, below that all the way down to 164.35 could be considered support.- Because BABA is entering a support zone, we should monitor price action because if price falls below $164, we have a top and should anticipate further downside to the support/resistance area around $150 for example.