Long term believer and holder of PDD simply because of Temu's sales. I've used it - it's incredibly easy to get stuck shopping on there. And $20 Billion in half a year (equaling their total of 2023) is insane. Plus these analysts and banks with $200+ price targets must know something.
When will this breakout happen is the all important question and for that we need to look at past breakouts and see what we've done. Typically, a strong liquidity grab toward a tapered selling channel (to prove HTF sell-side tapering) followed by strong buying and a clear bullish sentiment.
Earnings are scheduled for 8/22
Happy Trading :)
When will this breakout happen is the all important question and for that we need to look at past breakouts and see what we've done. Typically, a strong liquidity grab toward a tapered selling channel (to prove HTF sell-side tapering) followed by strong buying and a clear bullish sentiment.
Earnings are scheduled for 8/22
Happy Trading :)
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