$PDD Consolidation + Neutral Outlook
$PDD has been strong lately. Watching this consolidation triangle for a break in either direction. Upward leads to ATH, Downward leads to the GP.
Kommentar:
Watching this closely, looking to go short and play the gap fill.
Kommentar:
PDD really faked me out. The initial pre-market breakdown of the symmetrical triangle was due to China stock de-listing concerns (BABA, JD, PDD, etc.) but was quickly bought back up and now we see it follow the bullish direction in the initial Idea.
PDD really faked me out. The initial pre-market breakdown of the symmetrical triangle was due to China stock de-listing concerns (BABA, JD, PDD, etc.) but was quickly bought back up and now we see it follow the bullish direction in the initial Idea.