Direxion Daily Baba Bull 2X ETF (BABU)

$BABA $BABU $BABX $KBAB RESIST 103.74 ( 200 dma on 5 YR CHRT‼️) + 109(20 dma)+123+130+147

$BABA $BABU $BABX New T-line @ 96.00

$BABU Getting too close for comfort to reverse split territory. Caveat Emptor.

$BABA $BABU $BABX $KBAB CRAZY NO BEARISH ETF YET watch that support @ 98.9

$BABA starting entry today $BABU

$BABU Direxion typically batch-reviews its leveraged ETFs for splits and consolidations multiple times a year, often acting when share prices slide below $5.00.THE Direxion Daily BABA Bull 2X ETF (BABU) is currently trading at $9.98. This puts it comfortably above the usual danger zone where fund managers step in to split shares. Because BABU rebalances daily to achieve its 2X leverage goal, a sideways or highly volatile Alibaba (BABA) stock price will erode your capital over time, even if BABA eventually returns to its starting price. With an average daily volume of roughly 39,000 shares, BABU is a smaller niche fund. High volatility can trigger wider bid-ask spreads, making entry and exit prices slightly less efficient. Caveat Emptor

$BABU Started a position this morning at 10.97. Will wait before adding.

$BABA $BABU WONDER WHAT idioces will occur when fatty meets Xiao

$BABU Getting close to $11 target

$BABU watching for an entry point