RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

small-cap

One NASDAQ - Listed Online Services Stock at Resistance Level: DADA

Sep 30, 2024 | Team Kalkine
One NASDAQ - Listed Online Services Stock at Resistance Level: DADA

DADA:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Dada Nexus Ltd

Dada Nexus Ltd (NASDAQ: DADA) is a China-based holding company principally involved in the operation of local on-demand retail and delivery platforms. The Company’s main platforms are JD-Daojia (JDDJ) and Dada Now. 

As per our previous US Dailies report published on ‘DADA’ on 11th Sep 2024, Kalkine provided an Speculative Buystance on the stock at USD 1.10 based on technical analysis and the stock price has now moved by ~88.18% since then and is trading below resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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