PDD sold out Sold out PDD since it has reached to be close to the pressure position, although no signal right now.
PDD trade ideas
PDD Trade within the rangeConsolidation after steep drop
Consider trading within the range of 70 - 76
Indicators showing oversold
PinnedReally liking this setup on a technical basis. PDD has been consolidating for a couple of days, and on both short and longer-term charts, there's a nice CMF divergence. I'd want to see the stock clear and hold just above the short-term POC (let's say, 75.37) before jumping in on the long side. The recent consolidation then provides a tight stop to get out without much pain if necessary.
PDD long in the short termPDD down from 100$ to 72$.
Today having a doji candle exactly on previous support line. It might serve as reversal.
In addition, RSI is at 30 which indicate oversold.
Buy @ 75$
Stop < 72$
PDD BUY OR LONG , TARGET UP TO $135PDD will confirm the " Ascending Triangle " pattern at $101. I will Long (Buy) when the price breack out to $101.
PDD buy : $101
PDD target : $130 +-2
Stop loss auto : 8%
Wish you a good deal!
[Long] PDDThis looks like a bull flag to me, with two bounces of the 50ma.
I added on the dip (maybe 3-4 days too early) but glad to see it higher now. This a longer term holding for me.
Pinduoduo- E-commerce outperforms and boomsE-commerce will continue to have strong CAGR as the brick and mortal stores fold under the pressure and the whole world becomes even more digitalized in the future.
[Long] PDDI like this one for medium to longer term.
Second bounce this morning from 86.44 closest support and 34dma. I think it could be basing here, recharging for more upside.
$PDD:NASDAQ - PINDUODUO INC - Up 300% over 12 monthsPinduado is a mobile app that allows users to discover interesting and value-for-money products recommended by others as well as through a personalised recommendation system. Up 300% over the last 12 months it could be worth a watch.
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
(Description source: Trading View)
PDD - Aiming for another set of long after a correctionI am aiming to long at the demand level highlighted.
Bull FlagHas broken through.
I thought this one was parabolic
May not be
Patterns morph..Technical analysis can help us see the chaanges
Targets 1: 103 to 109.5
Targets 2: 130 to 144
Expected earnings 8-19/double check that
Not a recommendation
