PDD - Weekly Analysis to get a larger picturePDD continues to pull back and that is okay. But we do need to see some of our stronger buying continuation algos activate and get to work or else there is plenty more room to the downside. As you can see on this weekly chart, we are in a HTF large selling algo in teal. To break out of this we will need to be activated in our strong yellow/orange buying continuation and begin to see breakouts of our stronger controlled selling algos (White and magenta).
Hope this was helpful for all you PDD bag holders (me).
Happy Trading :)
9PDA trade ideas
PDD - Daily analysis - Opportunity to prove tapering approachingThis could be the sign that bulls have been waiting for. To prove tapering on the daily and activate a strong buying algo to make a move to breakout of our selling algos.
Keep an eye out for this - we will look for the white tapering on the daily to line up with our pruple tapering algo on the 1 HR.
Happy Trading :)
PDD - We've seen this exact PA before! Making sense of itThis is no surprise to anyone who's been watching and understanding my analysis videos, specifically on PDD. Our strong controlled selling magenta algorithm took control of price and tapered purple did not act as resistance as bulls would have hoped. Rather, similarly to price action in the past, we found support on our blue tapered controlled buying whereas bears subsequently pushed price into a deeper liquidity build for bulls.
We will now be looking for magenta to continue to build liquidity with purple tapered to gain support of price in order for bulls to activate any sort of buying continuation.
When purple taper starts to control price, we can begin to look for bullish PA back into previous highs and there we can expect large and consistent gap moves upward.
Hope this was helpful and that you're all enjoying the weekend!
Please join me tomorrow at market open (9:30 AM EST) where I will be trading live on a stream here on TradingView and taking trades, analyzing charts, and having fun with our awesome community.
And as always,
Happy Trading :)
PDD - Update and what to look out for as we approach crucial PAAre buyers or sellers in control? We'll know very quickly within the next few days - if we use magenta strong controlled selling to build liquidity and then gap up above purple tapered, we'll know bulls are. However, if blue tapered controlled buying (the algorithm that has built liquidity for the bears over and over again prior to massive drops) holds price, we will need to reanalyze and take it from there.
Hope this was helpful as this stock has the ability to MOVE! We want to be ahead of it and be prepared for the next big one - either bullish or bearish.
Happy Trading :)
PDD Holdings Upcoming EarningsAnticipating PDD Holdings Inc.'s imminent earnings report, I'm adopting a bullish stance, buoyed by the company's recent performance and heightened market enthusiasm. With PDD's robust marketing campaign for the Temu app in the US, I believe there's a potent catalyst for positive earnings results. My strategy is twofold, involving meticulous observation of the earnings report's impact on stock prices. Employing a dual trendline approach, I've tactically positioned a stop-loss level to shield against potential downturns. Conversely, I've pinpointed a take-profit threshold, harmonizing with historical price trends and pivotal resistance levels. An intriguing technical development further fortifies this position—the looming potential of a 50-day and 200-day Moving Average crossover. Should this transpire, it could validate the stock's upward trajectory. Admittedly, trading carries inherent risks, and this analysis hinges on upcoming earnings performance. My strategy remains dynamic, adapting to market nuances for optimal gains while prudently managing risk factors. Regardless, the price action will be worth observation and potential entry.
MBV-SP500-CLIMBER: PDDIntroduction:
This trading idea is based on a Long-Only strategy that utilizes the Dynamic Movement Index (DMI), supplemented by the Average Directional Index (ADX) and an Average True Range (ATR)-based Trailing Stop-Loss.
Strategy Overview:
Main Indicators: DMI, ADX, ATR
Time Frame : Variable, based on the DMI length (Default: 14 days)
Objective: To take long-term positions in bullish market phases
Optional Trading Hours and Seasonality:
Yellow Background (Trading Days) : Positions are only opened on trading days highlighted with a yellow background on the chart.
Blue Background (S&P 500 Seasonality) : Positions are only opened during periods highlighted with a blue background on the chart.
Strategy Details:
ADX and DMI : A Long signal is generated, taking into account the optional trading hours and seasonality, when the ADX exceeds a defined threshold and the positive DMI is greater than the negative DMI. This indicates a strong upward movement.
ATR-based Trailing Stop-Loss : The Stop-Loss is dynamically set with a multiplier of the ATR value below the current price and updated to secure profits.
The strategy script is available for free on TradingView.
You can find it under the name: "MBV-SP500-CLIMBER"
Please share your optimizations with the TradingView community by leaving comments under the script.
Please provide feedback on the strategy, especially on the trading signals, in the comments.
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Einleitung:
In dieser Handelsidee beruht auf einer Long-Only-Strategie, die auf dem Dynamic Movement Index (DMI) basiert, ergänzt durch den Average Directional Index (ADX) und einen Average True Range (ATR)-basierten Trailing Stop-Loss.
Strategie-Überblick:
Hauptindikatoren : DMI, ADX, ATR
Zeitfenster : Variable, basierend auf der DMI-Länge (Standard: 14 Tage)
Ziel : Langfristige Positionen in bullishen Marktphasen
Optionale Handelszeiten und Saisonalität:
Gelber Hintergrund (Handelstage): Positionen werden nur an den im Chart mit einem gelben Hintergrund hervorgehobenen Handelstagen eröffnet.
Blauer Hintergrund (S&P 500-Saisonalität): Positionen werden nur während der im Chart mit einem blauen Hintergrund hervorgehobenen Zeiträume eröffnet.
Strategie-Details:
ADX und DMI : Ein Long-Signal wird unter Berücksichtigung der optionalen Handelszeiten und Saisonalität generiert, wenn der ADX einen definierten Schwellenwert überschreitet und der positive DMI größer ist als der negative DMI. Dies signalisiert eine starke Aufwärtsbewegung.
ATR-basierter Trailing Stop-Loss : Der Stop-Loss wird dynamisch mit einem Multiplikator des ATR-Wertes unter dem aktuellen Preis gesetzt und aktualisiert, um Gewinne zu sichern.
Das Strategie-Skript ist auf TradingView kostenlos verfügbar .
Sie finden Sie unter dem Namen: "MBV-SP500-CLIMBER"
Bitte teilen Sie Ihre Optimierungen mit der TradingView-Community, indem Sie Kommentare unter dem Skript hinterlassen.
Bitte geben Sie Feedback zur Strategie, insbesondere zu den Handelssignalen, in den Kommentaren.
PDD likely pull back to reality on the short term. NASDAQ:PDD is showing bearish divergence in the RSI after a consistent upward movement in a considerably bullish trend. The RSI is weakening showing less momentum. Additionally the oscillators such as stochastic and MACD are flashing sell signals.
I suspect NASDAQ:PDD will have a slight correction down over the coming weeks to fill the gap on the Nov 27th, and touch the 50MA. I would be looking to buy as the price nears $125.
In the future I would be careful trading this stock around the earnings date March 13th and also when the IPO lockup period ends in May.
Pullback scenarios for longI see two scenario playing out for a long term bullish trade.
Bias: Bullish
Why: Neckline breakout of inverted head & shoulders with a positive earning gap.
Scenario A: Price action is currently showing a bullish flag after the huge earnings gap up. We can see price retrace to test the end of the gap. With a high possibility of bouncing and breaking the bull flag structure to a new high.
Note: 12/8 ended with a green volume day above average breaking the latest downtrend volume structure.
RSI is still show PDD in an overbought scenario, most severe since Aug/Sep 2019'.
MACD is turning to a SELL signal at the top of the indicator.
Given the indication for a dire pull back...
Scenario B: Price action retraces to fill gap, bouncing to retrace back to the I-H&S neckline or 200 EMA before a rocket launch to $170 price target.
Thoughts?
Pure speculation. Trade responsibly.
If History RepeatsIf history repeats itself, this chart is doing what it did in 2020.
I see NASDAQ:PDD is increasing in the EPS 4.8% in 2022 and the forecast is an 18.52% EPS growth in the next 5 years. This company is earning $4.47 per share at the moment.
The market cap is at193B and the enterprise value is at159B which shows me they have more cash than debt. Going into a recession of any type, this is a plus.
I do hate to see that insider management nor directors do not own this company.
What do they do? PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses.
It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.
It focuses on bringing businesses and people into the digital economy. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023.
PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.
They are currently increasing their employment yearly with 2022 at a 33% growth of employment rate.
This is one that could retrace the same path of support and resistance that are marked in the yellow lines.
5 Investors Betting Big on Pinduoduo (PDD) StockNASDAQ: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 acquired 3.73 million shares during Q3.
4. Vanguard: 24.10 million shares. Vanguard acquired 6.63 million shares during Q3.
5. FMR: 17.63 million shares. FMR acquired 4.33 million shares during Q3.
PDD AnalysisPrice played out nicely as my last analysis, giving us a +20.66% move to the upside. Price is currently on the premium range and has filled the FVG made in July 2021. I'm expecting a bearish retracement from here into the bullish OB at 103.6 since price is on the premium level, and target has been met.