Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at OTC:DIDIY ...
I believe this code is at a point of potential volatility.
If price can hold above $4.42 ... Bullish potential may be unlocked.
My key upside targets include:
- $5.06 (Conservative)
- $6.25 (Medium)
- $7.14 (Aggressive)
...
took Didi grafiques course and this is my best shot on its setup. rules for entry and exit still in refining stage but you are welcome to give suggestions
DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and...
Hello Traders!
Analysis For DIDI GLOBAL (DIDI)
The probability of what I analyzing, is to be true unless the opposite is proven
Feel free dear trader to share with me your opinion, and also your analysis & Keep Watching
DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and...
$DIDI possibly bottomed out chart @ 4
CMF went positive on the 10m,1h,2h chart. 1d should follow
The momentum is about to cross 0 on the 1d chart.
RSI has left oversold zone
The last 3 sessions closed green.
MACD Curling.
Reversal in play
A falling flag could be forming, at the same time as a cup with a handle, if we wait for the resistance to break, the height (h) of the cup could be projected, it is a graphic representation only.
Pray and trade
DiDi Global Inc (NYSE:DIDI) remains high on my radar due to the recent run up on volume. The daily technical chart is still showing buy signals with stock trading above short-term exp moving averages and MACD on top of 0. Keep an eye for a possible breakout over $9.85
Entry: 8.8
Stop loss: 7.94
Reward/Risk: 10.78
Target range: 16-18
Time Frame: 12 wks
Possible gain:100 %
Possible loss: 10%
Position size: 5% of trading capital
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial...
Im following the price,the price is falling while the volume rises, it could indicate a volume divergence that brings a strong break of the descending wedge that is being formed, wait for the wedge to break, stop loss below the last low, good upward movement
DIDI , considered as the UBER of China , has lost 60% since its IPO day.
Chinese stocks have been beaten down badly.
Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
Looking at the chart, I see a triple bottom and a potential bounce play for all Chinese stock.
I believe that Uber is a Didi shareholder.
For...
learnt about interesting facts about DiDi today. Post that, Chart analysis states that there is more pain for NYSE:DIDI on longer term. Short term bounce is possible but there is always a chance that it will make a new low. Only caveat is should not break and sustain above 10.3 to 10.6 ..
will review it later with the wolf pack.
