$PDD Holdings Inc(PDD)$ On the daily chart, the wave it just printed, could POSSIBLY be Wave B, which would Bring Wave C all the way down to under $80, meaning it is still in an ABC correction if this holds to be true.

This is what my AI indicator is saying, which it could be recalibrated into a different wave count if things hold and new high is broken.

Be CAUTIOUS because my indicator is more right than it is wrong. PTs get hit more often then they don't.

With it being a china bull run that just started, I will have to keep an eye on this.

This would be the most shocking to most investors in PDD which would without a doubt shake weak hands out of the name. So the probability of this happening is high.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest
  • Adrian_Sun
    ·10-04
    Its definitely overbought at this point
    Reply
    Report