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PDD is following Up-Trending Channel

Long
PDD Holdings Inc. (NASDAQ:PDD)  
starringinvestors  
NASDAQ:PDD   PDD Holdings Inc.
Support and Resistance Trend Lines Parallel Channel PDD chinastocks chinesemarkets chinesestocks
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supportandresistance trendline parallelchannel pdd chinastocks chinesemarkets chinesestocks
After following long-term down-trending channel, PDD has now taken successful reversal.

It is now:

1. Following an up-trending channel
2. Has completed Golden cross (50 MA crossed above 200 MA)
3. Has support of positivity in Chinese market
4. Has support of improving financial performance

Have any questions? Please feel free to ask in the comments.

Refer my previous article to know more about PDD.

Idées en relation

starringinvestors
PDD - Read to Fly?
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