BABA going into consolidation phase? via /r/wallstreetbets #stocks #wallstreetbets #investing

What’s the move here? I see a lot of possible catalysts that could push for a quick rebound but the downward pressure resulting from the China regulation is scary. I don’t think China is really going to do much, it’s more of a scare tactic on Jack Ma. From an analytical standpoint, do you see BABA rebounding or consolidating over the next couple weeks?