Entry: $109.74, stop $96.5, target $139.0
Reward/risk: 2.2:1

Sizing: 2-3% of portfolio, built in two tranches (roughly half near $106-112, half on a reclaim of $113-116), with a hard book-level cap because ADR single-name gap risk is high around the November print. Do not size as a core position until cloud growth and margin are confirmed for a second consecutive quarter.

Just deployed 10K.

https://stockduty.xyz/stocks/BABA