π Tight Bull Flag: The price action on PDD's chart has shaped up into a tight bull flag, characterized by a consolidation phase (the flag) following a strong upward move (the pole). This pattern typically suggests that bulls are gathering strength for another rally.
π Robust Volume: What's even more promising is the substantial increase in trading volume. This suggests that market participants are actively accumulating PDD shares, further fueling the bullish case.
First target is at $112.
π Robust Volume: What's even more promising is the substantial increase in trading volume. This suggests that market participants are actively accumulating PDD shares, further fueling the bullish case.
First target is at $112.
Trade closed: target reached