PDD Holdings Inc. operates as a commerce company. It owns and operates a portfolio of businesses, including Pinduoduo, a social commerce platform primarily for agriculture in China; and Temu, an online marketplace. 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...
Hello, Investing in the stock market can be a profitable endeavour if approached with the right strategies. Picking winning stocks requires a thorough analysis of various factors, including understanding the company, assessing the market environment, evaluating opportunities and threats, identifying company weaknesses, and setting realistic targets. Today we aim...
55% earning beat is pretty good same strategy: if this gap is not holding, we close our position if the price goes below 10dma we exit
NASDAQ:PDD Is corrected from initial shoot up, after it broke from Stage 1 into Stage 2. It's is currently trading at the support. If earnings are good, it will rally back to the high it made in last quarter. 40-50% upside from here. It's the best stock right now in our Portfolio 2023. NYSE:BABA is also looking very good at this level
Target 1 has been met. Price is below the neckline. No recommendation/at a support level today that may or may not hold.
There appears to be a falling wedge pattern on NASDAQ:PDD around the HKEX:65 area also lines up with 0.618 Fib. RSI is near oversold and Stochastic is curling up. This area has acted well as both support and resistance previosly.
The PEAD projected a bullish outlook for $PDD after a negative under reaction following its earnings release placing the stock in drift D .
We can see that there is a nice triple bottom support for PDD ! If the price continues to rally and breaks above the resistance at 61.02. Let's see how it works out in the next few weeks .....
PDD is in an interesting position for both bulls and bears. It is currently within a symmetrical triangle, which is more bullish than bearish as it is at the high of the leg. However, the price is currently trading between the 20-day and 50-day moving averages, and at the same levels as the trendline from the symmetrical triangle. Breaking above or below these...
$PDD - Tightening in a range above 50 DMA - Inside-day bar on Tue
FA V - Yes I - Yes G - Yes TA 1 - Respect major upward trendline 2 - W formation / C&H formation 3 - Broke major resistance
downtrend break - double bottom from local support zone - explosive break past pivot level.. should push to 129-146 from here, boost and follow for more. thanks <3
Looking at the Daily chart , my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any...
Looking at the Daily chart, my overall bias for PDD is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 74.79, where the 38.2% Fibonacci line is. Stop loss will be at 38.80, where the recent swing low is. Take profit will be at 111.34, where the 50% Fibonacci line is. Any opinions,...
Broke up the neckline on 28 November and a retest near it on 28 December (point C). Looks ready to break above B again soon. Unlike previous steep pullbacks before the breakup of the neckline, this one is shallow (at only 23.6% retracement), a sign that an uptrend momentum is underway. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due...
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After following long-term down-trending channel, PDD has now taken successful reversal. It is now: 1. Following an up-trending channel 2. Has completed Golden cross (50 MA crossed above 200 MA) 3. Has support of positivity in Chinese market 4. Has support of improving financial performance Have any questions? Please feel free to ask in the comments. Refer my...
PDD is ready to fly. Here are some solid reasons: REASON 1 - Accumulation Completed Down since February 2021, this e-commerce platform of China has taken a reversal. Entered accumulation zone in March 2022, now enough buying volumes and positive earnings have pushed it out of the accumulation zone. Breakout has occurred at 73 USD key price level, and so now...