$PDD Holdings Inc(PDD)$ PDD has been in this bullish channel for the past 3 years, yielding 9 long/short signals during its span. Right now, it showing another one.
There is some risk given the fast double touch to the outer and inner channels so there are two entry strategies I recommend :
1) Entry at current level with stop loss comfortably outside the external channel (around the previous low) (50%)
2) Entry at the break of structure with stop loss at swing low (30% upside)
Each entry has its own risk and reward, so one should be sure of their trade and check the fundamental before entering.
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