PDD Stock Eyes Golden Cross As Temu's Growth Battle Heats Up

PDD Holdings Inc. PDD, the parent company of Temu, is flirting with a bullish technical setup despite recent selling pressure. For investors, the potential golden cross sets up a critical test. A confirmed breakout could put PDD stock back in the spotlight, while failure to hold above key support levels could signal a return to choppy trading. PDD stock, at $120.45, sits just above its 200-day simple moving average (SMA) of$119.57, flashing a bullish signal. Additionally, the 50-day SMA stands at $118.08, ...