tfleet007

$PDD Consolidation + Neutral Outlook

tfleet007 Updated   
NASDAQ:PDD   PDD Holdings Inc.
$PDD has been strong lately. Watching this consolidation triangle for a break in either direction. Upward leads to ATH, Downward leads to the GP.
Comment:
Watching this closely, looking to go short and play the gap fill.
Comment:

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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.