The high-flying crypto finally had a healthy correction. This could be a good buying opportunity for long-term holders.
MACD and RSI are screaming buy. The green line signifies what will hopefully become future support for much higher levels.
With Alibaba and the other Large Cap tech giants in China coming under heavy scrutiny and anti-trust regulation opens up the door for PDD to take off and assume a lot of market share. Tencent and BABA tower over PDD which is only a Mid Cap company. Taking into account the law of large numbers, a mid cap company has much more Alpha potential albeit with slightly...
