$PDD Holdings Inc(PDD)$
But the question is, can it hold 95 yuan? If it can't, will it continue to fall?
Let me analyze my logic for you:
1. Current stock price situation:
Pinduoduo's 20-day moving average is 114.85 yuan, and the market holding cost is 121.20 yuan. The current price of 99 yuan is obviously lower than these two points, indicating that the market may underestimate its value in the short term.
2. Support and resistance level:
Technically, 95.10 yuan is an important support level, and 127 yuan is a possible short-term resistance level. I think that if you can buy the bottom near 95 yuan and rebound to 114.85 yuan or above, the profit space is still good.
3. Risks and opportunities:
I calculated that the current winning rate is 57.88%, and the B odds are 6.58. This means that as long as you can seize the opportunity, the risk-return ratio is quite attractive.
Comments