Updated
DIDI - 2 Possible ways for Didi 🤔
-As all the Chinese stocks are going through rough times with the Chinese government and their regulations, Didi is no exception.
-With the given uncertainty in the Asian market, we expect two outcomes from the current formation.
-For Didi to get into a bullish movement, it needs to keep up with the current support line and not break below it. If we manage to stay above the support line, Didi probably will break through the resistance line, if not, then like we mentioned on the chart, a bigger drop will be expected.
-Let's watch the chart and see what opportunities will be given to us!
-With the given uncertainty in the Asian market, we expect two outcomes from the current formation.
-For Didi to get into a bullish movement, it needs to keep up with the current support line and not break below it. If we manage to stay above the support line, Didi probably will break through the resistance line, if not, then like we mentioned on the chart, a bigger drop will be expected.
-Let's watch the chart and see what opportunities will be given to us!
Note
Broke below, the target is 7.50-8.50
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.