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PDD potential buy setup
PDD Holdings Inc.
Long
PDD potential buy setup
By TradeWithParas
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Updated
May 17
1
Mar 20
Reasons for bullish bias:
- Price gave LH breakout
- Positive Earnings
- 0.5 Fib retracement plus support
Here are the recommended trading levels:
Entry Level(CMP): 130.62
Stop Loss Level: 105.33
Take Profit Level 1: 155.91
Take Profit Level 2: Open
May 17
Note
Price is in resistance zone, booking TP1 here and moving SL to BE
Fibonacci
nasdaq
PDD
pddlong
stockpicks
Support and Resistance
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