Qudian: Could Go Higher Even If A Temporary Pullback Is Likely Close

  • The stock has wavered in recent days after a big rally upwards and the charts suggest there is a reason for all of this. The stock can still go higher for a couple of reasons, which includes an uptrend and the strength of the balance sheet. QD is contemplating shutting down the last-mile delivery business, but this is a good and not a bad thing.