Two China stocks are among our top charts to watch today.
Qudian Inc. (QD) gained 38 cents to $7.71 on heavy volume of 8.7 million shares Tuesday. The move came on no news from the provider of online consumer credit products in China. The stock recently pulled back from its April high near $8.80 to test rising channel support near $6, and has since formed a sideways wedge, which it broke out of on Tuesday. A move through resistance at around $7.75 could take the stock to the May highs near $8.50 next.
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