PDD Bullish Along with Chinese Tech.
PDD: Falling wedge pattern, this might take a little bit of time to marinade. We are tactically overweight on Chinese Tech as inflation is on the rise. China's economy is slated to rebound quickly and this stock is at a 40% discount from its highs! We think this is a high conviction name for recovery and have seen unusual options activity with this name the past 1-2 weeks! Setup is invalidated if it breaks below 110.
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