06.09.2016 - Alibaba Group Holdings growth is likely to continue

Price of Alibaba Group Holdings shows strong growth during which quotes fixed beyond rising channel and have overcome the psychological important level of 100.00. This fact gives grounds for continued growth to 105.00 and 110.00. In case of correction, quotations may return at the levels 94,00-96,00. We expect continued growth in the near future and maintain medium term positive outlook on the stock.

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