$Alibaba(BABA)$ Alibaba Group Holding Ltd closed 130.32 despite Nasdaq falling 200 points for the day. Alibaba Group Holding Ltd investors are confidents now. Alibaba Group Holding Ltd would have closed at 140 if Nasdaq did not fall 5% last week.But With recent news from CHINA supporting their market, and when Nasdaq turns green BABA will lead up even higher. they can target about $20 a share in upside at our first target, followed by $30 to $35 a share in upside on our next target 

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