Some improvement in financials was accompanied by new product initiatives.
Amid the recurrent waves of COVID-19 restrictions in China, on-demand retailing, which combines online experience and offline channels, is acting as a stabilizer in the consumer goods industry. Once tried, more people are choosing to stick to O2O-based consumption. According to an...
DADA | 30 Oct 2021 | Long
In this graph I see head and shoulders pattern. In my opinion the price will be rise, in case drop the stop-loss and take profit are given below in my analysis.
Entry: 20.77
TP: 25.22
SL: 19.44
Creating extra value for JD.com's 530 million active users will be the company's next strategic endeavor.
With the tumultuous unfolding around China's major New York-listed tech companies, plenty of mid-cap stocks have been affected as well, losing their market value in 2021. In some cases, however, investors' fear has little to nothing to do with the firms' real...
The Chinese local on-demand delivery and retail platform has announced its unaudited financial results for the second quarter, maintaining the strong growth momentum.
– In the second quarter of 2021, Dada Nexus' (DADA:NASDAQ) total net revenues increased to CNY 1.47 billion, which is above the Street's consensus expectation of CNY 1.41 billion and the company's...
I originally entered this at the 88.6% Retrace with the thought that it could be a bullish bat with divergence and while it did pump 32 percent from the PCZ it did not come close to my normal Bat target yet. But while holding my position on this stock i noticed that the price action actually looked a little like a Head and Shoulders so i decided to take profit and...
Hey all,
DADA is looking very hard to interpret at the moment.
On the positive side:
- Very evident lower support at 24.45$
- RSI is giving us bullish signals
On the negative:
- MAs are coming down hard to provide resistance
- Previous support at 29$ will probably provide Overhead supply
Not sure how to play this one, will be watching to swing the upside if we...
Snipe some calls in DADA once you see that cross occur on the MACD. Set a stop loss and enjoy!
If you like this be sure to check out my other ideas, like and follow! Thank you for the support!
