PDD is following Up-Trending Channel

After following long-term down-trending channel, PDD has now taken successful reversal.

It is now:

1. Following an up-trending channel
2. Has completed Golden cross (50 MA crossed above 200 MA)
3. Has support of positivity in Chinese market
4. Has support of improving financial performance

Have any questions? Please feel free to ask in the comments.

Refer my previous article to know more about PDD.
chinastockschinesemarketschinesestocksParallel ChannelPDDSupport and ResistanceTrend Lines

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