PDD, first stop 75$Trend break for PDD stock. No longer higher highs an higher lows, as the wedge broke to the downside.
Next accumulation spot around 75$, maybe even 70$.
9PDA trade ideas
8/28/24 - $pdd - mkt full r*tard, buy <$908/28/24 :: VROCKSTAR :: NASDAQ:PDD
mkt full r*tard, buy <$90
- the print **CLEARLY** didn't go as expected. cut losses pre mkt that day and it hurt. dabbled a bit here/ there, but kept feeling the sell OTD (over the day) orders from US institutions.
- with the NASDAQ:SMCI "accounting" issue (probably, but probably also more nuanced). the whack tape going into NASDAQ:NVDA earnings. retailers NYSE:ANF getting pooped, space lasers and salad bots getting bonked, today is a weird day.
- I can't help but feel like something is happening in the world, and i'm not in the Klub, and i'm about to FAFO here.
- but at <$90/shr NASDAQ:PDD feels a bit too sold off. I'm back involved for 1%. I've also got some longer-dated AMEX:KWEB calls (for June next year, ITM) because a bid here will rotate into ALL the suspects, NYSE:BABA , $tencent, NASDAQ:JD etc. as well.
- do i know what happens next? never. i've got bit of a colder hand recently too, so tending to play defense. however, this feels like a bit of an over baked cake and the longer-dated AMEX:KWEB 's allow me to put more exposure in this bucket without necking out too large.
- I've also added some NASDAQ:CELH , NASDAQ:LULU and NASDAQ:NXT on the day. oh yeah, sized OTC:GDLC back up toward 47% (from 40% y'day).
trading all these with a close eye. disgusting day for risk. be safe.
V
PDD is a strong buy after misunderstood earningsPDD (Temu) shares have fallen over 30% after recent earnings implied they have missed their targets by a massive margin, and a cautious comment indicating there might be macro issues going ahead.
However, only revenue has missed targets - by only 3% - effectively meeting the markets sky-high expectations.
Looking at the actual releases, EPS is 2.97 in Q2 2024, which actually beat the expectation. The company is still experiencing massive growth - even while, as outlined in the meeting notes around supply chain streamlining, they have simply had some short term costs in this regard.
A 30% drop in share price is an extreme overreaction and I expect a quick and violent retrace once the market has cleared its head.
"Buy when there is blood on the streets" - especially without reason.
Disclaimer: This idea is not intended as investment advice and should not be interpreted as an offer to sell or a recommendation to purchase any asset. Any decisions made based on the information presented in this idea are the sole responsibility of the individual. All investment decisions should be made independently, taking into account your financial situation and objectives.
PDD Holdings: A Strategic Pivot or a Tempestuous Trial?As PDD Holdings, the e-commerce titan behind Pinduoduo and Temu, confronts a landscape fraught with intensifying competition, economic challenges, and evolving consumer preferences, the question of its future trajectory becomes increasingly pressing. Can the company successfully navigate these turbulent waters, or will it succumb to the tempestuous forces at play?
PDD Holdings, once a beacon of e-commerce growth in China, finds itself at a critical juncture. The company's recent second-quarter earnings report, marked by a revenue shortfall and cautious outlook, has sent shockwaves through the market. PDD's strategic pivot, prioritizing long-term value over short-term profitability, while commendable, may face significant challenges in the near term.
As PDD grapples with domestic pressures, the company's international expansion strategy, spearheaded by Temu, presents both opportunities and risks. The potential for global growth is undeniable, but the competitive landscape is fiercely contested, with established players like Amazon and Shein vying for market share.
The question of whether PDD can successfully navigate these challenges is a complex one. On the one hand, the company possesses a strong financial foundation, with a robust cash position that can provide a buffer during difficult times. Additionally, PDD's commitment to user acquisition beyond China could be a critical driver of future growth.
On the other hand, the intensifying competition within the e-commerce sector, coupled with the economic uncertainties in China, pose significant headwinds. PDD's ability to adapt and innovate in such a rapidly evolving environment will be crucial to its long-term success.
Investors are closely watching PDD's every move, with opinions on the company's future sharply divided. Some view the current low valuation as an attractive entry point, particularly considering Temu's potential for international expansion. Others, however, remain cautious, citing the ongoing challenges in China, management's tempered outlook, and the possibility of declining profitability.
Ultimately, the fate of PDD Holdings hinges on its ability to successfully execute its strategic vision, adapt to changing market conditions, and deliver sustainable value to its investors. The road ahead is likely to be fraught with challenges, but with careful navigation and strategic decision-making, PDD may emerge as a resilient and thriving e-commerce powerhouse.
SHORT PDD Holdings Inc.NASDAQ:PDD (PDD Holdings Inc.) is a massive short on my end. Missed last earnings by 71.57%. Dropped massively since last earnings announcement and I see more moves towards shorts. Refer to the chart published for more data points.
PDD Stock Plummets 28% on Q2 Revenue MissPDD Holdings (NASDAQ: NASDAQ:PDD ), the parent company of the discount e-commerce platform Temu, saw its stock plummet by 28% on Monday following a disappointing second-quarter earnings report. The China-based company, which also operates Pinduoduo, missed analyst expectations, signaling challenges ahead in a competitive landscape that could stifle its rapid growth trajectory.
Earnings Report: Slower Sales Growth
For the quarter ending June 30, PDD Holdings reported an adjusted earnings of 23.24 yuan per American depositary share (ADS), equating to $3.27 per ADS, with total revenue of 97.06 billion yuan, or $13.64 billion. Despite the impressive year-over-year earnings growth of 122%, the company fell short of Wall Street's expectations, which had forecast earnings of 20.43 yuan per ADS on sales of 100.2 billion yuan, or $14.1 billion.
This marked a significant slowdown from the 131% revenue growth rate the company achieved in the first quarter of 2024. The market's reaction was swift, with NASDAQ:PDD stock tumbling below its 50-day and 200-day moving averages, critical technical support levels that signal potential further declines.
Technical Analysis: A Bearish Breakdown
From a technical perspective, PDD's stock chart is flashing warning signs. The stock's plunge on Monday created a gap down, breaking through the 21-day, 50-day, and 200-day moving averages. This breakdown is particularly concerning for technical traders, as it suggests a bearish trend reversal.
The Relative Strength Index (RSI) which is at 24.51 has also dipped into oversold territory, which could indicate potential short-term buying opportunities. However, with the stock trading well below its key moving averages, the overall trend remains bearish. The next level of support is around the $90 mark, where the stock last found a floor in October 2023. If this level fails to hold, NASDAQ:PDD could see further declines, with potential downside targets around the $85 range.
Intensifying Competition: A Threat to Revenue and Profitability
PDD Holdings (NASDAQ: NASDAQ:PDD ) has warned that intensified competition is likely to put pressure on both its revenue growth and profitability. The company's Vice President of Finance, Jun Liu, acknowledged in the earnings release that external challenges and increased competition would inevitably slow down the rapid revenue growth that PDD has enjoyed in recent years.
In China, PDD faces fierce competition from e-commerce giants Alibaba (BABA) and JD.com (JD), both of which have ramped up discount offerings to capture more market share amid sluggish consumer spending. PDD's international operations, particularly through its Temu platform, are also under threat as rivals like Amazon (AMZN) and Shein adapt to Temu's disruptive model.
Amazon, in particular, is reportedly developing a Temu-like platform that would sell low-cost goods directly from Chinese manufacturers to U.S. consumers, posing a significant threat to Temu's rapid growth in international markets. This heightened competition could force PDD to increase its marketing and operational expenditures, further squeezing profit margins.
Strategic Response: Short-Term Sacrifices for Long-Term Gains
In response to these challenges, PDD Holdings' leadership has indicated that the company is willing to make short-term sacrifices to ensure long-term growth. Co-CEO Lei Chen emphasized the need to invest heavily in the platform's trust and safety, support high-quality merchants, and improve the overall merchant ecosystem. This strategic shift suggests that PDD is prepared to see a decline in profitability as it navigates an increasingly competitive landscape.
Chen's remarks highlight the company's commitment to bolstering its platform's resilience and maintaining its market position, even if it means enduring near-term financial pain. This approach could help PDD weather the storm, but investors should brace for continued volatility in the stock as the company implements these changes.
Conclusion: A Pivotal Moment for PDD Holdings
PDD Holdings (NASDAQ: NASDAQ:PDD ) is at a critical juncture as it grapples with slower-than-expected revenue growth and intensifying competition. The company's willingness to invest in its platform and accept short-term sacrifices may pay off in the long run, but the immediate outlook remains uncertain. With its stock breaking key technical levels, PDD faces a challenging road ahead as it seeks to maintain its growth trajectory in an increasingly competitive e-commerce landscape.
Investors should closely monitor the stock's technical indicators and be prepared for potential further declines if key support levels fail to hold. However, for those with a long-term perspective, PDD's strategic investments could eventually lead to a recovery, provided the company successfully navigates the challenges ahead.
8/23/24 - $pdd - small dip buy @ $139 into next week print8/23/24 :: VROCKSTAR :: NASDAQ:PDD
small dip buy @ $139 into next week print
- earnings cagr'ing at 25-30% over the next 3 yrs (24-27) in theory
- results last q basically not rewarded
- ex cash (bc that's 1/4 of the cap stack) trades at 9x this year and 7 and change times next year EPS (rounding error with where these chinese stocks change... broad strokes fam)
- so unless someone at the department of chinese stonks has been leaking a bad figure for mon's print (i'd doubt it, but who the f knows these days), this is an interesting dip buy into print
- i've kept my size small so i can eval if i'd like to dip buy a miss (probably yes is my sense - again i like owning stuff w good valuations, good setups and where i'd dip buy a miss) but also enough where i can let it run if works so for me that's about 75 bps as of the writing.
- for my friends who are keeping tabs on chinese stonks (and not knowing the pdd print) i'd say my pecking order is as follows
NASDAQ:PDD > NYSE:BABA > NYSE:VIPS > NASDAQ:JD > NASDAQ:BIDU and a stinky linky that i keep my eyes on but haven't owned is $remx... a bag of rare earth mineral companies with super low floats. but let's not touch that one for now, just yet, superman.
V
Pinduoduo Surges with Strong RevenuePinduoduo Surges with Strong Revenue & Profit Growth Ahead of Q2 2024 Report
PDD Holdings Inc. (NASDAQ: PDD), the parent company of Chinese e-commerce giant Pinduoduo, is expected to release its Q2 2024 earnings on August 26, 2024. The company continues to impress analysts with its strong financial performance, driven by its rapidly growing user base and robust demand for its agricultural and consumer goods platforms.
Recent Financial Performance
In Q1 2024, PDD reported outstanding results, with earnings per share (EPS) of $2.83, far exceeding analyst expectations of $1.44. Revenue for the quarter hit $12.02 billion, marking a 12.9% increase over projections. The company maintained a solid net margin of 26.93% and demonstrated remarkable return on equity at 45.04%.
Growth Drivers & Outlook
Pinduoduo’s growth continues to be fueled by its focus on low-cost goods, especially in agriculture. Its platform has gained traction among both urban and rural users in China, benefiting from increased digitalization of commerce. Analysts anticipate a strong Q2 showing, forecasting EPS of $2.66. Wall Street analysts maintain a bullish stance on PDD, with price targets as high as $235 .
Conclusion
With its impressive earnings trajectory and strong growth potential, PDD Holdings is positioned as a key player in China’s e-commerce market. Investors are watching closely as Pinduoduo continues to outperform expectations, making it a stock to watch for those interested in the booming Chinese digital commerce space.
NOT TRADING ADVICE. ALWAYS DO YOUR OWN RESEARCH.
I LOVE THIS CHART.I've been a huge fan of this company since they aired every commercial at the super bowl - and i've thus been seeing their incredibly strong growth. Obviously, geopolitical matters come into play with a Chinese company which is why it is so important that you do your own analysis here. But as far as technical trading goes, I love this chart and am excited to see the reaction post earnings.
Happy Trading :)
Bullish momentum on PDD HoldingsPDD (NASDAQ:PDD) is making significant strides in the e-commerce world, particularly through its brands Temu and Pinduoduo.
The company is trading at significant discount at $138,04.
Buy at current price. target $447,36.
company has a cup and handle pattern also.
Is PDD getting ready for the next move up?PDD is in the process of correcting last year's strong uptrend. As long as the price remains above the Daily Demand Zone, sentiment is positive and the most likely scenario is a HL and a strong or weak move up.
PDD - What bullish signals we're looking out forLong term believer and holder of PDD simply because of Temu's sales. I've used it - it's incredibly easy to get stuck shopping on there. And $20 Billion in half a year (equaling their total of 2023) is insane. Plus these analysts and banks with $200+ price targets must know something.
When will this breakout happen is the all important question and for that we need to look at past breakouts and see what we've done. Typically, a strong liquidity grab toward a tapered selling channel (to prove HTF sell-side tapering) followed by strong buying and a clear bullish sentiment.
Earnings are scheduled for 8/22
Happy Trading :)
PDD isn’t dead The pull back we had from 152 rejection was strong. It did go deeper then I expected. Now I have re looked at PDD and I see what we did. Breakout of a large symetrical trinagle. We crated a large flag outside the breakout.
That last pull back was backtest of breakout. PDD is targeting 166-168 on the potential of uptrending reistance but flag target is 197
PDD Monthly Cup n HODL!NASDAQ:PDD Cup n HODL! 🍵🚀
Huge move inbound; you've been warned! 🧨
✅Monthly Cup n HODL
✅95% SUCCESS RATE+AVG RISE of 52%
✅Bounce off Weighted VWAP
✅MACD uptrend & continuation above zero line
✅At Volume Shelf
🎯 $212
🎯 $232.36
NOT FINANCIAL ADVICE 🖖
PDD - Watching for reversal signs - We know the algorithm!Whhite/Pink taper is key to a bullish outbreak. Let's see if we close today above and have some real bullish action tomorrow morning to start proving green as our control.
Happy Trading :)
PDD Breakout Bull Run ConfirmedPDD heavily shorted last week and tested at 141. Strong support at this level that broke out violently to the upside this week. As of the time of this idea, price is approaching $152. Last quarter's blowout earnings have not been priced into this stock yet. There is still tremendous upside from this point.
PDD - When can we re-enter a long position?PDD, similar to REAL in my books, is like the gift that keeps on giving. When you find a company that is undervalued and being held back by geopolitical risks such as this Chinese stock, you play your hand and expect the market to gravitate towards strong earnings VS potential macro risks.
That is what I've been doing and will continue to do here on PDD.
I will be adding to my long position once we've proven tapering and a sufficient liquidity build - and we are picked up by a buying continuation algorithm - ideally yellow or green.
Happy Trading :)
$PDD false breakPerfect example of a false break on the trendline here, some unusual call options as well.
PDD Stock Jumps 6% Following Strong Q1 Earnings For Temu NASDAQ:PDD stock surged 6% on Thursday, following strong Q1 earnings for Temu parent company PDD Holdings ( NASDAQ:PDD ). Sales jumped 131% year-over-year for the March-ending quarter. On the stock market today, U.S.-listed NASDAQ:PDD stock is up 6% at 156.14 in higher than usual volume. NASDAQ:PDD Holdings includes China-focused e-commerce platform Pinduoduo and international discount retail platform Temu. Shares of NASDAQ:PDD surged nearly 80% in 2023, as Temu expanded rapidly in the U.S. and elsewhere.
Both Alibaba (BABA) and JD.com (JD) posted better-than-expected sales for their March quarters last week. The tech giants are PDD's main competitors in China. Analysts were mostly positive on PDD's Q1 results. Morningstar analyst Chelsey Tam upped the research firm's fair value estimate for PDD stock to by 8% to 230.
PDD Holdings beat first-quarter revenue estimates on Wednesday, powered by its international shopping site Temu and growing consumer interest in its Chinese discount e-commerce platform Pinduoduo. The company's revenue rose 131% to 86.81 billion yuan ($11.99 billion) in the first quarter, compared with analysts' average estimate of 75.66 billion yuan, based on LSEG data. PDD's shares were up 5.7% in pre-market trading.
Consumers in China have turned to less expensive shopping platforms such as Pinduoduo and Bytedance's Douyin at a time when a property sector downturn and rising local debt have weighed on the country's economic growth. NASDAQ:PDD 's co-CEO Chen Lei told analysts in a call following the company's earnings release that competition has been fierce in the first quarter, with consumers growing accustomed to making purchases from a variety of platforms, rather than defaulting to just one.
Technical Outlook
NASDAQ:PDD stock is up 6.14% as of the time of writing. NASDAQ:PDD stock appears to be overbought with a Relative Strength Index (RSI) of 76.78 which made it primed for a trend reversal. The stock's daily price chart depicts a double bottom that lasted for about 5 weeks before the uptrend.
PDD - We love PDD! Bulls time to shineI have longer term swing positions on PDD but I also like to trade it in a shorter term swing setting as it gaps nicely in predictable fashion and is one of those companies that you just know does well - so with the industry-wide boom in chinese stocks, I'm all over taking advantage.
Looking for continued healthy liquidity building in tapered selling algorithms (bullish) and continued strong buying continuation to break us out of HTF tapered buying algorithms.
Happy Trading :)
5/21/24 - $pdd - punting long into tmr's AM print5/21/24 - vrockstar - NASDAQ:PDD - hard not to like the setup here into tmr AM's print, testing last year's mid-highs. google trends on the marginal gainer temu is crushing
trends.google.com
17x fwd PE, high single digit FCF. pretty expensive for chinese co, but it's the fastest horse (which are the only stocks that one can buy in this tape w/ confidence) and net cash in capital stack helps. "recession" play. cheap warez 4 sale globally. taking the punt long here after seeing the baba reaction red to green... and any beat should ship this 10%. lmk if you have diff POV in the comments below.
PDD potential buy setupReasons for bullish bias:
- Price gave LH breakout
- Positive Earnings
- 0.5 Fib retracement plus support
Here are the recommended trading levels:
Entry Level(CMP): 130.62
Stop Loss Level: 105.33
Take Profit Level 1: 155.91
Take Profit Level 2: Open
