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PDD eyes on $110.45: Golden Genesis fib to start the next move
PDD Holdings Inc.
PDD eyes on $110.45: Golden Genesis fib to start the next move
By EuroMotif
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Updated
Nov 19, 2024
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Nov 12, 2024
PDD and all Chinese stocks has been whipsawed.
Now approaching well proven Golden Genesis fib.
Even the Fib-Blind are keenly aware of this level.
$110.45 is the Golden Genesis to hold.
$101.98 then 96.75 are support fibs below.
$124.15 above will the first target/resistance.
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Nov 19, 2024
Trade active
Houston: "We have Ignition"
Significant bounce off our Golden fib.
.
Zoom in (M15)
Nice CLEAN bounce off our fib, albeit with a few pokes.
.
Adding a fib to our bounce:
The 4.236 is already a good guess for target,
so we will be looking for $120.07 for first target.
==============================================================
.
Fibonacci
goldenratio
Support and Resistance
EuroMotif
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