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TradeWithParas

PDD potential buy setup

Long
PDD Holdings Inc. (BATS:PDD)  
TradeWithParas Updated   
BATS:PDD   PDD Holdings Inc.
Support and Resistance Fibonacci PDD pddlong nasdaq stockpicks
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supportandresistance fibonacci pdd pddlong nasdaq stockpicks
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
Comment:
Price is in resistance zone, booking TP1 here and moving SL to BE
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