$PDD continues to be the best performing Chinese stock over the last 2 years and its growth and increasing margins speak for themselves.
Large cup formation continues to complete here too and it aligns with our Wave 5 completing at the 2 Fib at $226.
I like how support was found twice on the 200 Day MA in March and April too before moving higher.
A higher high next above $153 and this confirms our Wave 3 target is next at $194 for me.
WallyN 🇷🇴
2024-05-17 14:41:12 +0000 UTC