To The Moon

$Alibaba(BABA)$ For those who think Alibaba might move higher near term, the leveraged ETF $Direxion Daily BABA Bull 2X ETF(BABU)$  offers 2x exposure. A 10% move in Alibaba translates to roughly a 20% move in BABU.

$Alibaba(BABA)$ I'm glad I sold a good portion of my $Direxion Daily Semiconductors Bear 3x Shares(SOXS)$  and put the proceeds into some of the beaten-down Chinese stocks recently. Looking at names like $Baidu(BIDU)$ , $JD.com(JD)$ , and TCEHY.

$Alibaba(BABA)$  Looking at this chart, I wouldn't be surprised if we see $120 soon. The next resistance level appears to be around $120.

$Alibaba(BABA)$ There's a big resistance level at $113; breaking through that would be key for the next move higher.

$Alibaba(BABA)$  To me, the +38% AI Cloud growth this quarter is a positive, and their Quick Delivery business also showed strong growth. The stock should move higher slowly.

$Alibaba(BABA)$ I think we're heading back to $300 and then $500. With AI, Cloud, and Robo margins at 42% and revenue growing over 30%, we could even see $900–$1,000.

Just 260 points left until $Alibaba(BABA)$  catches up with $NVIDIA(NVDA)$  in market cap. Still a solid hold if not an absolute steal!

How come $Alibaba(BABA)$  only gains 6% ($20B) when its AI tech reportedly outshines trillion-dollar OpenAI? Shouldn't this trigger at least 100% surge? Short-term market movements make sloths look like sprinters.

$Alibaba(BABA)$ Stinky asked me to send this to the bulls.

$Alibaba(BABA)$  Keep adding positions even as my average creeps higher. When valuations whisper sweet nothings, who am I to resist?