Technimental_Trading

DADA - Forming Technical Pattern / Strong Fundamentals

Long
NASDAQ:DADA   Dada Nexus Limited
Top performer within industry group giving it a strong relative strength above 90.
Positive EPS growth (12%) and strong sales growth (88%) since past quarter.
Healthy volume contraction. Wait for downward trendline to break with solid volume.
Buy area: $35.40-$35.50 (above highs of October 29th) DADA

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