Perfect 9 $PDDLegging in every Demark signals from $BABA $PDD and $JD ARK Invest had a big sell in $PDD and $JD yesterday. They wanted to reduce exposure to the uncertainties ahead. I myself will keep adding at this area using 0.1% of capital per trade.Longby kidzeUpdated 3
PINDUODUO Inc. (PDD) | Chinese E-commerce Inside a Buying Area!Hi, Pinduoduo Inc., through its subsidiaries, operates an e-commerce platform in the People's Republic of China. It operates Pinduoduo, a mobile platform that offers a range of products, including apparel, shoes, bags, mother and childcare products, food and beverage, fresh produce, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness items, and auto accessories. The company was formerly known as Walnut Street Group Holding Limited and changed its name to Pinduoduo Inc. in July 2018. Pinduoduo Inc. was incorporated in 2015 and is headquartered in Shanghai, the People's Republic of China. Technically speaking, the price of PDD has landed inside the possible rejection area. Quite strong criteria matching each other around $81 to $106: 1. Fibo 62% 2. Minor trendline 3. 50% from the ATH 4. Role reversal 5. Round number Do your own fundamental research and if it looks attractive then you have the technical confirmation from my side to buy it! Regards, VaidoLongby VaidoVeek101015
Falling WedgeWill be keeping an eye on PDD in the upcoming weeks as its forming a massive falling wedge (bullish) and also is nearing the oversold range on the RSI. - Just some support and resistance levels to keep an eye on as well as some RSI based supply and demand zones - Looking for a breakout from this wedge (Broader market conditions permitting)Longby jacobosiason75
PDD Gap-up above $113 supply shelf next week will then see $118 (Opinion Only) Open gap above at $118 + a bullish reversal weekly candle. If EEM and PDD gap up next week where PDD is above $113 this will likely run to $118 to fill that gap above. A lot of bullish unusual options activity in this name today. Longby StockPickingEnthusiast2
$PDD long idea$PDD breaking out this mid range at the golden pocket area. I like entry here for a swing aiming for the .236 fib level as main target. Hopefully we get the move before earnings!Longby DarioTrades4
PDD rangebound LongMessy rangebound trading, but this global market positive feedback loop will probably push HSI even further overbought. Maybe wait until MFI goes oversold, target 135. Longby MightAssTouch1
PDD UpdateLooks to me like it;s doing range bound trading, wait until $140 to short. Should be overbought by then Watch the Chinese market if you're gonna play this in eitehr directionby hungry_hippo1
ABC BullishABC Bullish is in hopes that C is C. C on this one does line up with the fib level but sometimes C fails. Possible stop under C or if more conservative, possibly a stop somewhere under long entry level and cross your fingers. Former parabolic arc so volatility is to be expected. The One Black Crow candlestick pattern is made up of two candlesticks and starts with a long bullish white candle. It is followed by a long black candle which opens and closes lower than the previous white candle’s open and close. Remember, both candles in this pattern should be long candlesticks. A red candle has the open at the top of the candle body and the close of the period at the bottom of the candle body. A green candle is vice versa. The high of the day is at the end of the top wick and the low of the day is at the bottom of the bottom shadow for both green and red candles. A Marubozu candle can be either red or green, bullish or bearish with very little or no shadows on either end so it is shaven. It shows the bears were in charge the whole session. The Belthold is a bullish candle and performs fairly well in the scheme of candles and candle patterns. They occur at or close to a bottom and should be a green candle with no lower shadow which closes near the high, meaning little or no upper shadow. No recommendationby lauraleaUpdated 3
PDD 06032021 one week tradeNice consolidation after a double distribution structure at 06-01-2021 Longby Jleal5alpha0
undervalued $PDDI value $PDD at 343 billion with extremely conservative declining revenue growth rates (<25%) and a consistent 45% FCF margin in the next 20 years. These Demark's 13s are great buys. $PDD and $BABA are the best undervalued plays at the moment.Longby kidze0
$PDD Pinduoduo Support Zone Must Hold Hopefully you find the chart helpful in terms of Supports & Resistance etc. we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice. Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment. by Xclusive-Trading10
PDD Bullish Along with Chinese Tech.$PDD: Falling wedge pattern, this might take a little bit of time to marinade. We are tactically overweight on Chinese Tech as inflation is on the rise. China's economy is slated to rebound quickly and this stock is at a 40% discount from its highs! We think this is a high conviction name for recovery and have seen unusual options activity with this name the past 1-2 weeks! Setup is invalidated if it breaks below 110.by everydaygrowthadv3
PDD - GREAT Short Opportunity, IF ... !!Hello! Friends, - This would be a great short Opportunity, IF NASDAQ:PDD breaks down the Daily Support line at $124.00 (with a WHOLE DAILY Candle) !!Shortby Keep_It_SimpIe3
Pinduoduo Holds Key Level as China Tech StabilizesChinese technology stocks like Pinduoduo were among the top performers in 2020. They’ve pulled back hard in the last two months, but now certain members of the group are showing signs of stability. PDD could have the most interesting patterns. First is its recent bounce around $120, which matches a high-volume bullish gap from a strong earnings report on November 12. Second, consider how that line corresponds with the rising 200-day simple moving average (SMA). Next is the upward-turning MACD. PDD might not be well known in the U.S., but its $160 billion market cap makes it bigger than about 90 percent of the S&P 500. It gained more than 550 percent between April 2020 and February 2021. We can also look at some of its peers like Bilibili, Vishops and Baidu. BILI has basing pattern around $100: VIPS has based out around its 200-day SMA with some kicker candlesticks near the lows: BIDU has held $200 following a single high-volume bounce from under $180: Consider last the Nasdaq Golden Dragon China Index , which tracks the broader Chinese technology group. It bounced twice at its 200-day SMA. Also notice how buyers defended 15,000, which was a peak in late December. Is old resistance new support? TradeStation is a pioneer in the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more.by TradeStation11