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locusyuenab
Apr 1, 2021 6:33 AM

PDD short position idea Short

PDD Holdings Inc.NASDAQ

Description

PDD formed a head and shoulder patter in the past few months. it broke the neck line ($133.88) on 24/3/2021.
Today just retested the same neck line but failed to break out. Right now would be a good point for short position.
Target price is at $60.8 but pay attention to the red line. It could be act as support.
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