$BABA-W(09988)$ rallied 52% in Sep 2024. Since reaching a high of 118hkd, price retraced and corrected near to 20% from its high. What are the prices that still support the stock showing a short-term uptrend? I mapped the price levels in a chart below. Support levels: 96-98 84-85 If $BABA-W(09988)$ stays above and supported by these levels, then the short-term uptrend is still intact. Note that the stock is still range-bound - probably why historical support and resistance levels are holding so well. Short-term trading consideration with DLCs: At support, long DLCs: $Alibaba 5xLongSG250904(DISW.SI)$ At resistance, short DLCs: