Price did not play out as analyzed last week after filling the FVG at 116.74. Right now, there is a huge FVG created on the last earning release. Right now, price is on the extreme premium, and I'm expecting a bearish retracement into the FVG at 126.71 next.
its climbing back above bullish trend support, but we still need to clear 110 level before it takes off in my opinion.. looking for rally to 129-146 once I get confirmation. 🎯 boost/like and follow for more.. thanks 💚
I 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...
Looks like it may hit 240 next year April time but for now a retest to 129 looks more probable
If 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...
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...
Price 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.
📶 S T A T I S T I C A L A N A L Y S I S Current 50-Day Market Trend: long/buyers/positive. Next Swing: negative swing to support. Next Wave: buy wave to the range. Next 50-Day Market Trend: long/buyers/positive. Trade Type: Touch & Go don't wait for a close. 💵 E A R N I N G S A T A G L A N C E Market Capitalization: 152.987B Release Date:...
🔍 Tight Bull Flag : The price action on PDD's chart has shaped up into a tight bull flag, characterized by a consolidation phase (the flag) following a strong upward move (the pole). This pattern typically suggests that bulls are gathering strength for another rally. 📊 Robust Volume : What's even more promising is the substantial increase in trading volume....
If it crosses above 109.59 this week, it can get to 129. Stop loss would be 100.
Price played out to my last analysis, giving us a 7.76% move to the downside, but fail to fill the FVG below. Price is consolidating right now, showing bullish momentum. We should see price heading for the highs at 103.60 next.
Price is on a nice uptrend with decent pullbacks. There is a fair value gap at 85.57 waiting to be filled. I'm expecting price to make a nice bearish retracement to fill the fair value gap before continuing the uptrend. Alternatively, price could continue lower into the bullish POI at 82.19 before going higher.
🔹Moving average indicator has provided a POSITIVE signal, indicating a continued upward trend. 🔹Resistance at 104 could potentially trigger a NEGATIVE reaction, but an upward breakthrough of 104 indicates a POSITIVE signal. 🔹Once breakout resistance at 46 is considered a POSITIVE signal. 🔹Technically POSITIVE for the medium long term. Chart Pattern: ◦ DT: Double...
NASDAQ:PDD has had a great quarterly report despite the slowdown in China as of late, chart wise the setup points to a weekly advance but possibly also a quarterly timeframe trend. You can see the levels where you can bid on retrace next week, if tested, but I would consider entering long positions right away as well, there's various ways of engaging after a...
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...
as we see in the chart , we are near the reversal area . if it breaks the support at 74.5 ~ -> get out . potential 30% profit in here . *Be aware that this week at 25/8 we got Powell speech which may effects the market direction . Not an financial advisor .
Pinduoduo Inc. is a Chinese online retailer with a focus on the traditional agriculture industry. It's an e-commerce platform that connects farmers with consumers directly. The company is the flagship product of PDD Holdings, which also owns Temu. It generated RMB 2.44 trillion gross merchandise value in 2021.