hello guys... I wanna publish below this post every us stock that I think they are the growth potential and fundamental reasons! the first one is PDD or PDD Holdings possible growth rate: %100 Fair Value Upside: +34.2%
NASDAQ:PDD appealing setup - remaining subdued throughout the day, setting the stage for a potentially stronger push. If it surpasses $82.83, we can expect a move towards $84, followed by a possible pullback before attempting to test the 61.8% retracement level at $88.45 (gap fill). PDD's showing promise with the recent distribution of $697 million USD in deep...
There appears to be a falling wedge pattern on NASDAQ:PDD around the HKEX:65 area also lines up with 0.618 Fib. RSI is near oversold and Stochastic is curling up. This area has acted well as both support and resistance previosly.
China stocks have outperformed over the last few months. A major ETF is running into resistance which likely means we could see money rotate out of China. Profit taking is likely especially if the DXY catches a technical bounce.
Looking at the Daily chart , my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any...
Looking at the Daily chart, my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any opinions,...
After following long-term down-trending channel, PDD has now taken successful reversal. It is now: 1. Following an up-trending channel 2. Has completed Golden cross (50 MA crossed above 200 MA) 3. Has support of positivity in Chinese market 4. Has support of improving financial performance Have any questions? Please feel free to ask in the comments. Refer my...
PDD is ready to fly. Here are some solid reasons: REASON 1 - Accumulation Completed Down since February 2021, this e-commerce platform of China has taken a reversal. Entered accumulation zone in March 2022, now enough buying volumes and positive earnings have pushed it out of the accumulation zone. Breakout has occurred at 73 USD key price level, and so now...
PDD after bottoming after a H&S at the top, createa another inverse H&S & HAS SINCE REACHED THE COMMON NECKLINE AROUND 70, which I think is the market”s FAIR PRICE. Let us wait which direction this will lead to but I AM BIASED LONG. TP is 119 for H&S pattern measured move. Not trading advice
Can this #chinese listed stock climb? #pdd displaying an inverted head & shoulders Neckline 72.00 Overhead Objective 120
$PDD - Consumer Cyclical | Internet Retail | China not a fan of trading china companies but the setup with its high ADR% and RS looks ripped for a BO to 52-weeks high
Hey Guys, Yurii Domaranskyi here. Risk vs Reward = 1 to 9.94✨ It means if you risk here 100$ you may make 994$ Not bad, huh?
MFI hit overbought last night and several companies announced they are going to delist from the US after their market closed. There is a gap in futures, but China doesn't always fill those. Snagged some PDD puts on the gap fill, and added a few on this pump. Will wait until EOD to decide if to bail or add. Despite the delisting news, Chinese ADRs are melting...
China's tanking again, lol. I guess I should have paid attention to the easy play. Was so hung up on CPI that I forgot all about China even though PDD is near the top of my watch list. Oh well. Can't chase it now. I know there's a lot of bears following me, a lot of time if I feel bearish and the US market is melting up I short a foreign ETF or in this case...
China is probably the hardest market to predict because their govt exerts their will on the market, whether it be up or down. I shorted PDD again today because I think it goes down and retests the bottom next week. We'll see.
PDD has completed a large H&S pattern on this daily timeframe 0.382 has now became an area of support, previously being seen as a point of resistance
Pinduoduo Inc. ( NASDAQ:PDD ) Sector: Retail Trade (Internet Retail) Market Capitalization: $82.667B Current Price: $65.96 Breakout price: $71.40 Buy Zone (Top/Bottom Range): $55.15-$31.65 Price Target: $94.60-$98.60 (1st), $115.40-$119.30 (2nd) Estimated Duration to Target: 60-66d (1st), 120-129d (2nd) Contract of Interest: $PDD 8/19/22 80c, $PDD 10/21/22...
PGJ and Chinese plays are the only strong ones it seems. PDD looking solid. Looking for breakout and PT levels as shown. Stop = LOD.