Pinduoduo Inc 2021 PredictionE-commerce in China statistics:
Revenue in the eCommerce market is projected to reach US$1,260,539m in 2021.
Revenue is expected to show an annual growth rate (CAGR 2021-2025) of 6.7%, resulting in a projected market volume of US$1,635,804m by 2025.
The market's largest segment is Fashion with a projected market volume of US$330,633m in 2021.
Competes with Alibaba a bigger but in my opinion less social E-commerce giant.
Pinduoduo found room in e-commerce, not as a competitor to search-based websites like JD, but as a new e-commerce platform focused on interactive and social shopping experiences online. Social shopping may seem like a new concept, but the reality is that in the physical world, shopping is meant to be “interactive and fun”
Final Thoughts: China is experiencing a large volume of growth in the fashion market. This is heavily influenced by social factors. Potentially making PDD a better fit than BABA.
9PDA trade ideas
go Long on PindoodooWith Alibaba and the other Large Cap tech giants in China coming under heavy scrutiny and anti-trust regulation opens up the door for PDD to take off and assume a lot of market share. Tencent and BABA tower over PDD which is only a Mid Cap company. Taking into account the law of large numbers, a mid cap company has much more Alpha potential albeit with slightly more beta.
20 day MA just broke through the 50 day MA on the news and I expect this trend to continue as the story plays out. China wants to fight the giants to make room for the little guys; well here's a medium sized company that you don't have to worry about its business plan failing altogether.
Pinduoduo, or Pindoodoo as I like to call them, are integrated in almost every facet of life in China either in the forefront or behind the scenes. Go long! #LongandStrong
PDD price divergence with its RSI(NASDAQ: PDD), had announced recently that a global institutional investor will purchase through a private placement close to US$500 million of newly issued Class A ordinary shares of the Company, representing approximately 0.3% of the Company's post-issuance total outstanding share. But according to the technical analysis a pull back has been expected.
$PDD Pinduoduo Inc targets 🎯🎯🎯
Potential Trade setup developing.
Very much dependent on market strength and
a change of fortunes for Chinese heavyweight BABA
as its inclusion in so many ETFS is holding back others.
Alert set for move above $150 for potential entry.
targets as per resistance levels.
Caution as on the daily chart there is some bearish divergences.
pinduoduo, disrupting online shoppingNow with lockdowns tightening on our western societies we can expect a surge in stonks related to e-commerce. With non-essential shops having to physically close, they are open for online business.. PinDuoDuo fulls the missing gap of consumer 2 manufacturer commerce for small and medium businesses. Keywords to research are social commerce, mobile commerce, Influencer marketing and consumer driven manufacturing.
tl;dr: money.cnn.com
PDD Short - Ending Diagonal in 5th wave - Elliot waveEnding diagonal in 1st of 5 complete correction waves in the 5th motive wave of the Elliot wave principle.
Short stock once price max met at 130.85 and TP at 96.50 (50% Fibonacci)
This is just my opinion, please don't invest if you cannot afford to lose.
PDD in healthy consolidation, two scenarios going forwardPDD has been consolidating since the earning jump. The consolidation is very healthy in that: 1. price is tightening, a ascending triangle and a bullish flag is emerging on the chart; 2. Volumes patterns give me high confidence, up on strong volume while down days are often in low volume.
Going forward, there are two key levels to watch:
1. $145, which has been a resistance twice. Also note that the controlling volume after earning is right at 145.
2. $116, this is the top before the gap. There is a chance that the gap may be filled if the market corrects. In addition, PDD's price strength is weakening as can be seen in the MACD and MFI at the bottom of the chart.
Keeping the two levels in mind, I see two scenarios:
1. We keep consolidating for more weeks, and then breakout the 145 resistance. If this happens, I'd not be surprised by a double digit run.
2. The price weakness exacerbates and PDD does a cup, attempting to fill the gap, and then rebound and resume the bull trend.
I think the two scenarios are equally likely, although I'd prefer to see the second, because it gives us a fimer base to work with. Also the gap gives us a hint on the potential bottom of the cup so we may get a better entry point.
Best luck investing!
$PDD with a bullish outlook after earning releaseThe PEAD projected a bullish outlook for $PDD after a positive under reaction following its earning release, with the stock placed in Drift A
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