$PDD continues to be the strongest Chinese ADR and it has been for the last 18 months.
We can see since the start of 2023, that every pull back has been held by either the 0.618 Fib or the 0.5 Fib, which is terrific to see and as a structured as you'll see.
Even the recent pull back held support on the 0.618 Fib between the 50 and 200 Day MA.
Wave 3 looks inevitable to finish at its standard 1.618 Fib at $193.