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A final push possible on Alibaba

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Alibaba is heading towards 117.80 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn't happen, we could see a retracement back down to current levels.

Not investment advice. Past performance does not guarantee or predict future performance.

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