PDD (Pinduoduo) will make a new low around $46 to finish correction and after that, I will most likely go further upside, this is the mid-term view.
Short Term - most likely we can go for a new low directly as a preferred count and an alternative count is we can see a small bounce and after that, we will go for a new low.
Black line is preferred and red line is a alternative.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only.
All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#PDD #PINDUODUO #ELLIOTTWAVE