$PDD is at a very important confluence level now at the 0.618 Fib and the 200 Day MA.
A hold here and $PDD could move higher to our Wave 3 target at the 1.618 Fib at $193.
The 200 Day MA has been a support level since October 2022 and it is being tested now.
I will be curious to see how the HSI opens today and finishes later, if it can do what it did in April, aggressively climbed when the US market declined.
$PDD will likely benefit from this rotation.