Possible BABA short

Next week I will be looking for a short entry in BABA. It is approaching a very dominant down trend line. I will wait to see if the daily candle closes above it or below it. Looking at the strong weekly momentum even if it breaks the downtrend, there is a great amount of overhead supply at around $80.90. From there it should come back to at least

65. That is a $10 to $15 move. My play will be directional