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Thoughts on BABA from here

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Alibaba Group Holdings Ltd. (NYSE:BABA)  
Reallifetrading Updated   
NYSE:BABA   Alibaba Group Holdings Ltd.
Trend Analysis BABA reallifetrading
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trendanalysis baba reallifetrading
I believe she is about to enter a 2-6 month distribution phase/ channel. Buy low, sell high and then, in later 2018, she reaches $300.
Comment:
She made it down into the support. GREAT buy low area / price.
From here, consolidation and bullish neutrality SHOULD begin..
snapshot
Comment:
Daily chart
snapshot
Comment:
Not looking bad.
snapshot
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