ContraryTrader

PDD post earnings

Short
NASDAQ:PDD   Pinduoduo Inc
Yellow line - Primary trendline
White line - H&S target


H&S on the weekly...

Outside of its bollingerbands on weekly and daily so we could see a retest of that H&S neckline around 73-74$ Before heading lower to either 55$ (Primary trend) or 30$ H&S neckline. I know 30$ seems ridiculous but if I would have told you back in January that this would be 60$ before EOY you'd probably unfollow me πŸ˜‰