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kgiap123
Mar 17, 2024 1:27 PM

PDD Bullish Harami at major support 

PDD Holdings Inc.NASDAQ

Description

Weekly chart Uptrend, Bullish and Strong Bull.
PDD form major support and resistant at 50$ interval.. 50, 100, 150, 200 (Rounding Bottom)
This week closing with Bullish Harami candle (Bullish Reversal) with higher volume.

Banker is weak but overall still control the rally
FiFT is turning green this week.

Plan : Get ready for BOD (Buy on Dip) signal above 131. SL below 100.
Comments
rcosolito
Whats your thoughts with earnings coming up on PDD?
kgiap123
@rcosolito, earning can drive either way. Take note on 100 level.. If gap down and hit 100, you can consider to go long with quick trade. Breaks below 100 is considered broken support.
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