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PDD Still Early in the Recovery Stage

PDD has presented such a great discount and buy opportunity. The price continues to rebound, and I think PDD is still very early here. I have $102 and $112 as two key resistance targets to monitor on the way up, but I think PDD could trend back to all time highs over time.

There has been a lot of talks about a US recession that could impact the rest of the world. I think China and Chinese stocks will benefit if the US starts to experience an economic downturn. PDD is a no brainer for me here, PDD has performed extremely well while most Chinese stocks have underperformed.

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