Nice bullish gap recently. $58 is a strong support. I do think BABA could trade down and retest it. I don't mind owning BABA at $58 but will BTC if market is getting creamed and BABA closes below $58 OR it's 70% profitable with more than 2 weeks left.
If you want to trade shares, could consider going long around $61 on a pull back, stop around $58 target, $75