No changes to the $PDD chart, pulled back in line with the other ADRs and the HSI and has so far held in between the 0.38 Fib and the 0.5 Fib.
We can see that the 50 Day MA was also aligned with the 0.5 Fib too at $121 which offered further support.
Price is just at the 200 Day MA now too after Blackrock announced yesterday that they have taken a sizeable position.
I think the short term target at the top blue line at $212 is still the target.
Gareth Neary
2024-10-23 16:37:15 +0000 UTCSagar
2024-10-23 16:36:36 +0000 UTC