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BABA - BULLISH BAT PATTERN - Target $134.5 by May 2015

Long
Alibaba Group Holdings Ltd. (NYSE:BABA)  
mazdaki  
NYSE:BABA   Alibaba Group Holdings Ltd.
0
3
AB=0.5XA, Potential Reversal Zone (PRZ) = 0.886 XA, 1.27AB= CD which calculates to todays low. Bat Pattern complete. First Target 1.27XA which translates to $134.5 time frame of May is set by Fib time series.

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Republishing earlier prediction-
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