DiDi Global (NYSE: $DIDI) Wicks Through Golden Pocket! 🎲DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; bike and e-bike sharing, intra-city freight, food delivery, and financial services. The company was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021. DiDi Global Inc. was founded in 2012 and is headquartered in Beijing, China.
Didiglobal
DiDi Global (NYSE: $DIDI) Reversing On Progressive Talk! 🏛️DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; bike and e-bike sharing, intra-city freight, food delivery, and financial services. The company was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021. DiDi Global Inc. was founded in 2012 and is headquartered in Beijing, China.
$DIDI reversal - EMA Cloud Breakout $DIDI possibly bottomed out chart @ 4
CMF went positive on the 10m,1h,2h chart. 1d should follow
The momentum is about to cross 0 on the 1d chart.
RSI has left oversold zone
The last 3 sessions closed green.
MACD Curling.
Reversal in play
DiDi - Wait, Watch and Ingnorelearnt about interesting facts about DiDi today. Post that, Chart analysis states that there is more pain for NYSE:DIDI on longer term. Short term bounce is possible but there is always a chance that it will make a new low. Only caveat is should not break and sustain above 10.3 to 10.6 ..
will review it later with the wolf pack.
DIDI Global ideaAt the time of DIDI`s IPO i was tempted to enter this stock because i was listing to Jim Cramer`s blessing: 'I would try to get as many shares as you can'. i hope he didn`t. and i haven`t entered either because i considered the valuation too high for a company that last year had negative earnings, -10.84Bil.
And in comparison i was listing to analysts saying that UBER will never be a profitable company. So why would i invest in the Chinese copy of a business that didn't find the path to profitability for so many years?!
The funny thing is that after going down 55% from the IPO day, Jim Cramer reevaluated the Chinese stocks: "You can't own Chinese stocks"! :)
I`m looking forward to read your opinion on Chinese stocks right now.
