xtremerider8

PDD reverts to 70 fair price; Inv H&S targets 119.

Long
NASDAQ:PDD   PDD Holdings Inc.
PDD after bottoming after a H&S at the top, createa another inverse H&S & HAS SINCE REACHED THE COMMON NECKLINE AROUND 70, which I think is the market”s FAIR PRICE.
Let us wait which direction this will lead to but I AM BIASED LONG. TP is 119 for H&S pattern measured move.
Not trading advice

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.