PDD trade ideas

eaojnr0202

Are you taking profits on PDD? When is the next rally?

HemaFX

sell from Supply zone

Rotuma

Share prices currently up by 13.56%. The estimated support and resistance are highlighted on the chart

RedHotStocks

Pinduoduo (NASDAQ:PDD) soars 11.1% pre-market after Q2 beats with 159% Y/Y revenue growth and GMV growth of 171% to $103.3B for the twelve-month period. Average MAUs were up 88% to 366M, and active buyers increased 41% to 483M. Annual spending per active buyer was up 92% to $213.80. Pinduoduo, Inc. operates as a holding company, which engages in the development...

allstockviews

PDD going up with weekly strong trend line. possibly buy. wait for retracement. I also watching this one .

lahiru.fernando54 Updated 

Looks like stock is in uptrend. Withstood some tariff talk, risky but maybe an indicator buyers exist for stock. Fib retracement of nearly 50% on 1st wave. Has previously gotten rejected on 200-day MA and has the possibility to do so again. Still looking like upward trend. Chinese stock so trade tensions hold large risk.

weh548

Would love to see if PDD breaks the red resistance line or not. If this price stays above the red resistance for more than 3 hours, this would take off soon or later.

Intuitrading

PDD is an example on what could happen when you mess up with your orders and not respect those. Getting into a mental trip regarding the trade, a consideration that was not made prior opening it, thus basically going against your rules!! www.tradervue.com Thanks to everyone for checking it out!!

WildGoatFx

Has a good bullish trend and is sitting on the 9-day resistance line

rickenp

FW break

rickenp

Consolidating here. Noted strength in China names today. Watching for now.

porden

At the moment this is my interpretation. I would prefer if I could count the fifth wave as the B, but it would make the third wave the smallest wave, and therefore not possible. No trades at this point

minskyite87

Target is $32, though the strength of the upward drive will ultimately depend on the upcoming earnings report.

Joefulch94

Please read the text on chart.

Cakuuu Updated 

I ma buy right when it bounces back. PDD is gonna rally higher with the rise from the recently released IPO NIO, and few other chinese stocks have good news.

Trader_Joe_Lee Updated 

PDD had rallied for more than 15% after its news with NTES. It had an inside day yesterday, here we got 4 different trades in the same daily chart. 1. Bearish bat 2. 2618+demand zone 3. inside day breakout after pivot high 4. inside day breakdown after 0.618 and actually I like all of them! so let's see how it goes!!

billgarc

... acting quite well!

Trader_Joe_Lee

There are plenty of bear news after this IPO to break its initial price 19.00 yesterday. People in China keep on making fun of the quality on this platform recently, many of which are genius lol. Still, to short an IPO is not that easy so that we can take the recent slump as profit taking and stop loss selling cycle, when it's already in 19.00 and form an inside...