$PDD - Rising Trend Channel [MID-TERM]

6 בספט׳ 2023

🔹Moving average indicator has provided a POSITIVE signal, indicating a continued upward trend.
🔹Resistance at 104 could potentially trigger a NEGATIVE reaction, but an upward breakthrough of 104 indicates a POSITIVE signal.
🔹Once breakout resistance at 46 is considered a POSITIVE signal.
🔹Technically POSITIVE for the medium long term.

Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB: Double Bottom | BULLISH | 🟢
◦ HNS: Head & Shoulder | BEARISH | 🔴
◦ REC: Rectangle | 🔵
◦ iHNS: inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️