NASDAQ:PDD is soaring higher after a blowout third-quarter earnings report. Let’s take a look at Pinduoduo’s largest shareholders: 1. Sequoia Capital: 48.23 million shares. Sequoia acquired 45.04 million shares during Q3. 2. Baillie Gifford: 35.66 million shares. Baillie acquired 4.5 million shares during Q3. 3. BlackRock: 27.87 million shares. BlackRock...
Analyzing the options chain and the chart patterns of PDD Holdings prior to the earnings report this week, I would consider purchasing the 85usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $4.80. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Looking at the Daily chart , my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any...
Looking at the Daily chart, my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any opinions,...
PDD after bottoming after a H&S at the top, createa another inverse H&S & HAS SINCE REACHED THE COMMON NECKLINE AROUND 70, which I think is the market”s FAIR PRICE. Let us wait which direction this will lead to but I AM BIASED LONG. TP is 119 for H&S pattern measured move. Not trading advice
Pinduoduo Inc. ( NASDAQ:PDD ) Sector: Retail Trade (Internet Retail) Market Capitalization: $82.667B Current Price: $65.96 Breakout price: $71.40 Buy Zone (Top/Bottom Range): $55.15-$31.65 Price Target: $94.60-$98.60 (1st), $115.40-$119.30 (2nd) Estimated Duration to Target: 60-66d (1st), 120-129d (2nd) Contract of Interest: $PDD 8/19/22 80c, $PDD 10/21/22...
The good business results and the removal of the danger of the ban on Chinese stocks report on Pinduoduo the interests of large investors. From the indicator Miracle Viewer it is possible to see as the institutional ones are about to pass long on the title and like the professional investor they are already. I expect the stock price to rise.
Price target for PDD Pinduoduo is $64. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
$PDD is one of (if not) my favorite charts and companies for 2022. Growth in digital commerce/advertising, unique product and deep discount given China turmoil. Weekly bullish divergence ... Jan ‘23 $100C 💡 $BABA $KWEB $ASHR $SPY $QQQ #Pinduoduo #China #Stocks #Options #Trading
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...
PDD have reached profit levels and growing 70% y/y. Large insider ownership motivated to grow the company, IMO its a bargain
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...
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...
Descending Triangle following 8 negative days in a row. Watching for breakout .
With Alibaba and the other Large Cap tech giants in China coming under heavy scrutiny and anti-trust regulation opens up the door for PDD to take off and assume a lot of market share. Tencent and BABA tower over PDD which is only a Mid Cap company. Taking into account the law of large numbers, a mid cap company has much more Alpha potential albeit with slightly...
FVRR has been outperforming many E-commerce stocks since early Sept. While overall E-commerce group is in red since early Sept crash, FVRR has bucked the trend and posted the double digit growth. I think early signs of waning momentum are clear and it is a good time to scale back on the aggressive momentum strategy and do some profit-taking.