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FinCodeToad

PDD likely pull back to reality on the short term.

Short
PDD Holdings Inc. (BATS:PDD)  
FinCodeToad  
BATS:PDD   PDD Holdings Inc.
Trend Analysis Technical Indicators
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trendanalysis indicator
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 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.
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