PDD (Pinduoduo) will make a new low around $46 to finish correction and after that, I will most likely go further upside, this is the mid-term view. Short Term - most likely we can go for a new low directly as a preferred count and an alternative count is we can see a small bounce and after that, we will go for a new low. Black line is preferred and red line is...
China's largest e-commerce company is transforming its development strategy. Pinduoduo turned losses into gains in the second quarter of 2021, defending its leading position in the Chinese e-commerce area with 849.9 million annual active buyers. Pinduoduo mainly focuses on lower-tier cities' customers and follows a 'universal social welfare' way to expand its...
(Opinion)
☝ KWEB - ETF of Chinese tech giants. It is traded on ARCA, but managed by a Chinese bank, so there is no threat of delisting. Price is at the bottom of the channel. Most likely it will be a bottom and there will be a reversal up at least 50% towards the resistance line of $70 by February 2022. The upcoming bullish reversal is confirmed by the MACD-histogram,...
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...
(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.
$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!
PDD 4H I Breakout from massive downtrend with volume. Cathie Woods was adding shares back in March. PDD has to hold the $130 level for continuation and the price target is $150 before next ER. AAPL 1D I Held the bullish uptrend established back in September. Unusual options activity was bullish and they bet on a retest of $128 this upcoming week. AMAT 1H I...
trading below its VWAP from the previous high, Emerging Markets expected to outperform this year, KWEB is a good way to focus exposure in China while getting a diverse basket of high growth names that are titans over there with names like Alibaba, Tencent, Pinduoduo, Baidu, and JD.com. Diversification is key especially as US markets top out in the near term
$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...
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) !!
Hello traders and investors! Let’s talk about PDD today! It is the first time I analyze this stock, and I hope my insights can be helpful. In this analysis, I'll present you two strategies to follow. First, in the 1h chart, we have a Descending Triangle chart pattern, and the trend is clearly bearish, as the 21 ema is pointing down, and the price can’t trade...
PDD formed a head and shoulder patter in the past few months. it broke the neck line ($133.88) on 24/3/2021. Today just retested the same neck line but failed to break out. Right now would be a good point for short position. Target price is at $60.8 but pay attention to the red line. It could be act as support.