To The Moon

$Alibaba(BABA)$ $Alibaba(09988)$ I truly believe this stock is now ready to push higher now as we took care of the gap below and grabbed liquidity. Once price break above $79, we will more likely break above the 200d too and then go close the gap at $88. I still think we will reach $100 - $105 before EOY.

🌟🌟🌟Hong Kong's Hang Seng Index closed 0.5% higher on Monday at 17746.91, led by property stocks. The Bullish sentiment was likely supported by news of another city in China easing curbs on home buying, which has raised market expectations that other Tier 1 cities will follow suit. Hong Kong stocks surge by the most in 3 weeks as they were boosted by an overnight rally in US shares as well as bullish sentiments on expectations of support measures from Chinese authorities. $TRACKER FUND OF HONG KONG(02800)$ is a great way to capture the current upward momentum in the Hong Kong market as it tracks the performance of the Hang Seng Index. In just 1 trade you gain access to the Blue Chips stocks of the Hong Kong mar

. On Thu, 25 Apr 2024, the US Gross Domestic Product (GDP) report for Q1 2024 (preliminary) was released with little fanfare. It came out a day before the Fed’s go to Personal Consumption Expenditure (PCE) report. US’s Q1 2024 GDP. Preliminary readings showed that US economy grew much slower than expected to start 2024. For Q1 2024, US real GDP rose at annual rate of 1.6%. (see above) This is -0.9% lower than analysts’ forecast (2.5%) and Q4 2023’s 3.4%. The report also showed consumer prices rising, making it harder for the Fed to control inflation without hurting the economy. Personal Consumption Expenditure (March 2024) PCE - key inflation barometer the Fed watches closely, showed few signs of letting up in March. Core PCE came in at 2.8% YoY, the same as February 2024 data. Inflation w

$Alibaba(BABA)$ $Alibaba(09988)$ I truly believe this stock is now ready to push higher now as we took care of the gap below and grabbed liquidity. Once price break above $79, we will more likely break above the 200d too and then go close the gap at $88. I still think we will reach $100 - $105 before EOY.