𝐏𝐃𝐃 𝐉𝐔𝐒𝐓 𝐒𝐖𝐈𝐍𝐆 𝟏𝟎%. 𝐇𝐄𝐑𝐄’𝐒 𝐖𝐇𝐘.
PDD just had a pretty sharp reaction to its Q2 earnings.
Temu’s parent company swung around 10% in pre market trading as investors digested the latest results.
What makes it more interesting is what happened next.
Wall Street analysts started cutting their price targets, with the current range sitting around $80 to $127.
That tells me the market is reassessing expectations around PDD’s growth and outlook.
The real question now is whether this is just an earnings driven shakeup or the beginning of a bigger reset for the stock.
I’m watching how $PDD reacts from here rather than trying to call the bottom.
Would you buy this dip or stay away for now?
PDD perpetuals are also available on BingX TradFi.
#BTC #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ETH
PDD just had a pretty sharp reaction to its Q2 earnings.
Temu’s parent company swung around 10% in pre market trading as investors digested the latest results.
What makes it more interesting is what happened next.
Wall Street analysts started cutting their price targets, with the current range sitting around $80 to $127.
That tells me the market is reassessing expectations around PDD’s growth and outlook.
The real question now is whether this is just an earnings driven shakeup or the beginning of a bigger reset for the stock.
I’m watching how $PDD reacts from here rather than trying to call the bottom.
Would you buy this dip or stay away for now?
PDD perpetuals are also available on BingX TradFi.
#BTC #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ETH
