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Is PDD set to rally? 50 Day Moving Average Support shows up after rising 0.74%
PDD finished higher by 0.74% on Friday, August 14th, trading 0.6 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 83.99, 83.2 & 82.74, with resistance at 85.24, 85.7 & 86.49.
Current SwingTradeBot Technical Rating of PDD: D
There’s more where that came from. See all of today’s signals for PDD here.
Read full article here »