PDD longPDD enters strong bullish area on monthly TF. It is reasonable to follow after best entrance point with small stop and good R:R. Will be updated later.Longby VagovPublished 2
PDD - hyper growth gem Rising wedge was always going to break down. This company has high exposure to the Chinese consumer, which continues to struggle with no end in sight. That is reflected in the stock price of companies like Alibaba which trade at very low valuations. But unlike Alibaba, PDD is a hyper growth stock and has taken a lot of their market share. Looking at the technicals, there is a gap fill between $80-90. I did start with a small buy at $97 but I’m looking to start a sizeable position at the gap fill. We have all sorts of confluence on the chart, I tend to favour Fibonacci retracement and Fibonacci time based trend, along with the Speedfan. I like what I see for a long term investment, not looking to trade this. I do believe the Chinese economy will rebound, and when it does PDD will have a violent rebound. Not financial advice, just my thoughts. I will continue to monitor this and keep you updated. Happy trading!Longby NoFOMO_Updated 131326
PDD to benefit from China StimulusPDD growing 60%+ this year, 100% LTM, on revenue. $50B+ revenue expected for 2024. Trades at 2-4x NTM revenue which is at least 10 lower than US Tech --- (NVDA 14x for example) Longby KobesyTradesPublished 1
$PDD to 250Cup and handle formation , target 250 PDD is currently oversold so stay cautious Short term target = 190-195 Expected pullback area in the chartLongby pandhicapitalPublished 5
80% correction for PDD Holdings Inc ??On the above 12 day chart price action has increased 450% since March 2022. A number of reasons now exist for a bearish outlook. They include: 1) Failed support for price action and RSI. 2) Regular bearish divergence, lots of it. Seven oscillators print negative divergence with price action. Look left. 3) The rising wedge breakout and backtest. On confirmation price action has a high probability or returning to where the wedge began as measured from the apexes, which is $30. Is it possible price action continues upwards and onwards? Sure. It is probable? No. WwShortby without_worriesPublished 4417
Pinduoduo making monthly BULLISH ENGULFING SeptemberNASDAQ:PDD PDD makes at monthly chart since IPO now in Sept the third Bullish Engulfing! BUT look how big it is this time - HUGE UPSIDE GAIN IS NOW IN THE MAIKING AND IT JUST STARTED ....... MUCH MORE TO COME NOW! Just look what happened at prior BULLISH ENGULVINGS ...... THIS IS HUGE - HUGE - HUGE (!)Longby RolixcPublished 664
PDD LONGAs we see clearly wyckoff accumulation coming to it's end, from here we should see a breakout and uptrending movement ! Longby ChartHouse_Updated 11116
PDD Noteworthy Swing Support Levels, and a word of cautionLooking at NASDAQ:PDD after its earnings fallout, here are some interesting support levels to watch. The 0.618 Fibonacci retrace from the March 2022 pivot low to the May pivot high is at $77.25. Additionally, while Head and Shoulder patterns are not the most reliable, there is a level around $75 obtained from the decently shaped H&S price measurement dropped down from the neckline (white dotted line). Once more, there is a major Gann support level (720 degrees down from the May high pivot) at $78.02, adding another strong factor to this probability window. Another point of interest; dropping the H&S price measurement from the pre-earnings close is almost exactly at today's close (see yellow dotted line). Also piercing the $90.28 gap window, with the gap fill at $80.76 (August 2023). Now, depending on the desired length of a swing trade, it is worth noting comparable earnings drawdowns that did not rebound the same or following day: ROKU (February 2024) NASDAQ:ROKU Just now retracing six months later. PTON (November 2021) NASDAQ:PTON Not yet recovered, if ever. NFLX NASDAQ:NFLX The positive: January 2022 fall on earnings saw a four day down period before a quick partial recovery. The long wait: April 2022 fall on earnings took about six months before retracing to similar levels. Not financial advice. Longby XrayTradesPublished 224
PDD, first stop 75$Trend break for PDD stock. No longer higher highs an higher lows, as the wedge broke to the downside. Next accumulation spot around 75$, maybe even 70$.Shortby j_arrietaPublished 3
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. VLongby VROCKSTARPublished 101010
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. Longby variable_not_definedPublished 114
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.Shortby signalmastermindPublished 4
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.Shortby GoBuyCryptoPublished 889
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.by DEXWireNewsPublished 7
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 Longby VROCKSTARUpdated 7
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. Longby olimchikPublished 5
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 :)Long03:36by ReigningTradesPublished 7
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.Longby Zanokuhle_CapitalPublished 6
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.by ChartpodPublished 116
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 :)Long04:34by ReigningTradesPublished 5
PDD SHORTWyckoff distribution pattern confirmed ! now we can short for w/l ratio of 2.2/1Shortby ChartHouse_Updated 3
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 Longby ErictaylorPublished 773
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 🖖Longby RonnieV29Updated 555