Bounce back to supply Zone, Zone Confirmation
Trendline break
Earning: 8/25/2022 Est. 0.42
Short 62.5
Stop 73
Target 50, 35
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Shorts are getting burned on the china plays, and we love to see that ! ;)
watching for break past 70-71 for continuation.. after that we can target 96.69-133.43-170.17
Unpopular, unpatriotic title, but the chart doesn’t lie. China tech overall has been basing and looking to break out of the long term downtrend while US tech has struggled. PDD has higher beta than its Chinese peers and I am looking to hedge with shorting the de-facto US e-commerce play, Amazon. Although it would be a more apples to apples comparison to pick a...
Broke above neckline on strong volume on yesterday. Expect furthe upside in the coming days with target of around 80. Initial Stop loss @ 47.95 and trail stops up when trade goes our way.
Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is...
$PDD Breakout in 1h Chart on above average volume after consolidation phase - Target 75$
All Entry Criteria have been met:
1. Price above 10, 20 & 50 EMA --> Check
2. Consolidation Phase in Uptrend --> Check
3. Breakout on above average Volume --> Check
Bullish
Fundamental
- Funds accumulating
- Good earning
- Positive P/FCF
- Positive PEG
- Positive PE
- Undervalued
TA
- Price out of woods
- Broke away from downtrend line
- Price above POC = everyone who bought at that level are making money
- Price resting at major S/R
- Momentum out of the woods turning positive
* falling wedge = momentum of...
Strong Marketplace Drives 1Q Beat, butFacingNear Term Challenges
Maintain HOLD and$50 PT
NASDAQ:PDD
We are maintaining our HOLD rating and$50 price target after PDD beat 1Q revenue and profit estimates but implies potential revenue deceleration and a step up in expenses due to COVID. Active buyers reached 882M, adding 13Mq/q, improvingfrom+1M in 4Q, with MAUs...
not financial advos
pdd go down, jp morgano circle indicato berish, Enflation very bat
short this stock (Not fianceall advice)
pls I have selled my wife for buy this stock put option, join me and selles your wifeys.
It is OK to pick Pinduoduo right now if you planning to hold this for long term. But I would jump in when $PDD breaks above $45 and the wait for this to happen won't take long either.
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.
Pinduoduo, Inc. operates as a holding company, which engages in the development and management of an e-commerce platform. Its Pinduoduo mobile application offers a selection of merchandise for buyer acquisition and engagement. The company was founded by Hua Lin Cai and Zheng Huang on April 20, 2015 and is headquartered in Shanghai, China.
NASDAQ
