$Alibaba(BABA)$ $Baidu(BIDU)$ $JD.com(JD)$ $Li Auto(LI)$ $PDD Holdings Inc(PDD)$ share prices have formed a swing low in recent price movements with increased volume.
Swing highs are points on a chart where the price of a security reaches a high point before falling back down, while swing lows are points where the price reaches a low point before rebounding. These highs and lows can be used to identify temporary trends reversal, as well as areas of support and resistance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
The pattern of swing lows and strong volume might signal a shift in momentum. If you're looking to buy, now could be a good entry point.
With recent swing lows and rising volume, these stocks could be primed for a recovery. Keeping them on your radar could pay off soon.
Swing lows with increased volume often mean a turnaround is near. It might be a smart move to watch these stocks for a potential bounce.