To The Moon

Today(15 June 2023), the A.I. model has returned predicted result that contains the most Chinese ADRs in one single trading day.

There might be a reason why A.I. model picked them up as China has just announced cut in their interest rates. This would benefit some Chinese ADRs in terms of exchange rate and also cost of borrowing.

Here is Today’s predicted result.

I would be look at $XPeng Inc.(XPEV)$ and $Pinduoduo Inc.(PDD)$ as I am looking forward to their upside gains today.

This would move them to the start of a Bull trend,

You may refer to my previous article to look at the details

Lucrative Investment Opportunity -> Explore Chinese ADRs Bullish Potential

How I would trade XPEV and PDD today

XPeng Inc. (XPEV) roll out its assisted-driving technology has been launched in Beijing and three other cities. I am looking for target Entry Price around $10.80 to $10.90. If go below $10.80 I will check Bear strength, If go above $11.20 and maintain, XPEV could be headed above $11.50.

Pinduoduo Inc. (PDD) would benefit from the reduction in interest rate in China as their overseas operations would be cheaper with lower foreign exchange rate. They also would be able to save from the cost of borrowing.

I am looking to enter PDD at target price between $80.60 tp $80.80, if it falls below $80.60, I will check if it is still in bearish. If it can clear $81.50 and maintain, the it could go above $82.

Appreciate if you could share your thoughts in the comment section whether you are trading Chinese ADRs stock today?

@TigerStars @Daily_Discussion @TigerWire appreciate if you could feature this article so that fellow tiger would benefit from my investing and trading thoughts.

Disclaimer: The analysis and result presented does not recommend or suggest any investing in the said stock. This is purely for Analysis.