DIDI: THE UBER OF CHINA ON SALE?
Updated
DIDI, considered as the UBER of China, has lost 60% since its IPO day.
Chinese stocks have been beaten down badly.
Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
Looking at the chart, I see a triple bottom and a potential bounce play for all Chinese stock.
I believe that Uber is a Didi shareholder.
For these reasons I'm investing in the company for the long term.
Great buy here if you can handle the regulation risk.
Chinese stocks have been beaten down badly.
Is this the opportunity of a lifetime to buy them cheap? I don't know.
Tell me what you think.
Looking at the chart, I see a triple bottom and a potential bounce play for all Chinese stock.
I believe that Uber is a Didi shareholder.
For these reasons I'm investing in the company for the long term.
Great buy here if you can handle the regulation risk.
Note
1st target reached
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.