BABA, Another dip before blasting off again?

Alibaba has been a series of rollercoaster runs as of late, looks like it's bouncing off the resistance here and might see a small downtrend before going back up. I have two targets here where i am shorting to and will also be buying at.

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If playing options, taking some profits now (20%). Stock went from 190-185, trying not to get greedy.