Dividend payment day for $BABA today and even though the HSI was green, $BABA is still struggling to get positive, we still have a lot more of the day to go but it is struggling underneath our yellow trend line on the chart, which leads me to believe that if the price action can not flip this back to support, then the 0.887 Fib at $65 is the next target which would be deep into the buy zone.
The All Time Low line is at $58 too, I am in no rush to add to $BABA now while it is trending like this but I will add when I see support found.