Really liking this setup on a technical basis.
PDD
has been consolidating for a couple of days, and on both short and longer-term charts, there's a nice CMF divergence. I'd want to see the stock clear and hold just above the short-term POC (let's say, 75.37) before jumping in on the long side. The recent consolidation then provides a tight stop to get out without much pain if necessary.
PDD
has been consolidating for a couple of days, and on both short and longer-term charts, there's a nice CMF divergence. I'd want to see the stock clear and hold just above the short-term POC (let's say, 75.37) before jumping in on the long side. The recent consolidation then provides a tight stop to get out without much pain if necessary.