PDD eyes on $110.45: Golden Genesis fib to start the next move

Nov 12, 2024

PDD and all Chinese stocks has been whipsawed.
Now approaching well proven Golden Genesis fib.
Even the Fib-Blind are keenly aware of this level.

$110.45 is the Golden Genesis to hold.
$101.98 then 96.75 are support fibs below.
$124.15 above will the first target/resistance.

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Nov 19, 2024

Trade active

Houston: "We have Ignition"

Significant bounce off our Golden fib.

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Zoom in (M15)

Nice CLEAN bounce off our fib, albeit with a few pokes.

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Adding a fib to our bounce:

The 4.236 is already a good guess for target,
so we will be looking for $120.07 for first target.

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