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PDD

PDD Potential for Bullish Continuation| 18th January 2023Looking 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, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:PDDLong
by FXCM
PDD Potential for Bullish Continuation| 18th January 2023Looking 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, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
NASDAQ:PDDLong
by Rockqet
PDD - Read to Fly? 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 stock seems to have entered advance zone while the key long-term resistance (All Time High) is at 214 USD - a gain of more than 100% possible. REASON 2 - Higher Revenues & Net Income The real fuel is provided by better earnings and further higher expectations in the future. Revenue has grown 23% in TTM while income has swelled 260% in TTM - both are impressive signals of continued growth. Further pedestal is provided by positive expectations of end of lock-down in China which can open-up locked industrial growth. Risk Still caution is needed as markets aren't out of wood.
NASDAQ:PDDLong
by starringinvestors
Pinduoduo, Inc.(PDD,HOLD)Strong Marketplace Drives 1Q Beat, butFacingNear Term Challenges Maintain HOLD and$50 PT NASDAQ:PDD We are maintaining our HOLD rating and$50 price target after PDD beat 1Q revenue and profit estimates but implies potential revenue deceleration and a step up in expenses due to COVID. Active buyers reached 882M, adding 13Mq/q, improvingfrom+1M in 4Q, with MAUs also growing18M q/q to751M, after decreasing 8M in 4Q. But mgmt. notes that with the current scale, active buyer growth should inevitably slow down. Revenue, excluding 1P sales, increased39% y/y, accelerating10pts from 4Q,driven by 29% y/y growth of online marketing revenue (vs. +19% in 4Q) and 91% growth of transaction services revenue(vs. +108% in 4Q). 1Q Non-GAAP operating margin was 15.5%, lower than the all-time high of 30.8% in 4Q(note that 4Q profit benefited from a one-off rebate from a cloud service provider, which loweredGOGS and R&D expenses), but improved significantly from (-14.3%)in 1Q:21, primarily due to operating leverage from sales and marketing, while R&D increased modestly.The company reiterates plans to invest in agricultural, primarily in R&Dbut indicates it will take time to identify good projects and financial metrics are not KPIs. As usual, the company does not provide guidance for 2Q, but points out COVID lockdowns in cities including Shanghai, which should weigh on 2Q growth and might incur additional costs. Overall, PDD delivered a solid 1Q, with 3P revenue re-accelerating despite COVID disruptions since late March. However, we expect COVIDlockdowns to have a larger impact onPDD in 2Q given peers have more established logistics networks. NASDAQ:PDD
NASDAQ:PDD
by TigerBrokers
Chinese Stock sinking ..!I believe this process will not end soon, do not try to catch a falling Chinese knife..! Charlie Munger has tried this with BABA and I do not think he is happy with his decision! Consider this: What would happen if China and Taiwan situation escalate..! Best, Dr . Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
NYSE:BABAShort
by Moshkelgosha
15
Piinduoduo Analysis 10.01.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
NASDAQ:PDD
by basictradingtv
3
PDD (PINDUODUO) WILL MAKE NEW LOW BEFOR GOING UPPDD (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
NASDAQ:PDD
by anantadhungana