REVIEW $PDDFA V - Yes I - Yes G - Yes TA 1 - Respect major upward trendline 2 - W formation / C&H formation 3 - Broke major resistance Longby nexxtrade0
so many bullish signs on PDD😜downtrend break - double bottom from local support zone - explosive break past pivot level.. should push to 129-146 from here, boost and follow for more. thanks <3Longby Vibranium_Capital3311
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.Longby FXCM2
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. Longby Rockqet0
PDD - Trade the trendBroke up the neckline on 28 November and a retest near it on 28 December (point C). Looks ready to break above B again soon. Unlike previous steep pullbacks before the breakup of the neckline, this one is shallow (at only 23.6% retracement), a sign that an uptrend momentum is underway. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!Longby Juliac995
PDD is following Up-Trending ChannelAfter 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 previous article to know more about PDD.Longby starringinvestors5
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. Longby starringinvestorsUpdated 5
Short $PDD$PDD had a magnificent run from $39 to $85 which is back into the upper part of the monthly channel. I took a short at $82.74. Looking for a test of $63 again. I think it's exhausted. Shortby allout06223
Multi Short Signal Triggered On PDDThis is a short swing trade technical chart setup that looks like a pull back to potentially $65. Note: This is not financial advice. If you like this idea and want more, follow me.Shortby GarethSolowayOfficial9938
$PDD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PDD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 60%. Longby EPSMomentum1
V BottomEL is a break of the V on the other side similar to a Cup and Handle Breakout. The V bottom is not rounded at the bottom like a cup is though. Short interest is around 4.45%. Gap under price. No recommendation. Don't be a hero (o: Spinning tops. Possible pull back.by lauraleaUpdated 2
$PDD worth watching for swing puts or callsMy earlier bullish outlook on this stock has now become more neutral. The dashed yellow line connects closing prices while the solid yellow line connects lows. Based on RSI and stochastic right now, price could move either way, but the 20sma is crossing down below 200 and RSI is under 50. For the time being I lean bearish and watching 30/60m timeframe for a trade entry. Watch price to see what it does between the two yellow lines.by OptionsRising0
PDD reverts to 70 fair price; Inv H&S targets 119.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 adviceLongby xtremerider80
#PDD inverted head & shouldersCan this #chinese listed stock climb? #pdd displaying an inverted head & shoulders Neckline 72.00 Overhead Objective 120by arcarays1
$PDD Excellent Volume Pattern$PDD not in a confirmed stage 2 uptrend. But looks as good as it can get. Volume pattern is excellent.Longby TaPlot8
$PDD looks promising for more upsideFrom Dec. you can see a bottoming formation on the daily chart, and price is back above the yellow line now. 20sma is sloped upward while price has taken a breather and brought RSI down to retest 50. RSI closed below 50 on 21Sep. If today it is back at/over 50 after market close, then today's candle is a signal for another leg up. In order for this RSI 50-test to trigger calls, the stock has to trade over today's high on Friday, 23Sep. There is an unfilled gap ~54.70, moving back down to the 200sma. I would exit swing calls if the stock does not move higher in the next day or two because this trade idea is based on a continuation move higher.Longby OptionsRisingUpdated 112
US Stock In Play: $PDD$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 highLongby jfsrevg113
ICT Approach To Stocks. PDD Ticker ✨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?Longby unfair_advantage0
$PDD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $PDD after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%. Longby EPSMomentum0
PDD - will it breakup soon?PDD had an earlier breakup of an Adam & Eve formation (@ neckline1) that subsequently failed. It is now approaching a more significant neckline (neckline2) and the earnings that is expected out soon could give a clue if the worst over and if the stock is on the way to propel higher, especially if it could continue to hold above the 200 day Moving Average. Let's see! Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Take care and Good Luck!by Juliac114
ABC BullishEarnings 8-29 BMO. Channel up. Possible stop below C or where you see support. Long entry is a clear break above the BC trendline. No recommendation. EPS (FWD) 1.98 PE (FWD) 26.92 Short Interest 2.96% Market Cap $67.28B Announce Date 08/29/2022 (Pre-Market) EPS Normalized Estimate $0.42/Last quarter .44/beat EPS GAAP Estimate $0.31/Last quarter .27/beat Revenue Estimate $3.45B/last quarter 3.55 Billion/beat EPS Revisions (Last 90 Days)* up-4 down-2 by lauralea0
PDD ShortBounce back to supply Zone, Zone Confirmation Trendline break Earning: 8/25/2022 Est. 0.42 Short 62.5 Stop 73 Target 50, 35 Risk management is much more important than a good entry point. I am not a PRO trader. In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.Shortby PlanTradePlanMMUpdated 2