$PDD Holdings Inc(PDD)$ sold o

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TBI
08-27

$PDD Holdings Inc(PDD)$ sold off into trendline support. I would be apprehensive about shorting off this level after it filled the 95 gap.

Yesterday's daily candle closed with the largest volume in years, and we are retesting a prior resistance level from above, suggesting a potential S/R flip is taking place.

I'm expecting some volatility ahead as the stock consolidates around this level, but ultimately think that it will resume its uptrend in the coming weeks.

Am positioned for the reversion back to the upside, considering the weight of this selloff.$PDD Holdings Inc(PDD)$

# US-China Dialogue: Is a Spring Coming for China Stocks?

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winnerking
·08-28
PDD will be the next luckin coffee
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Mattie Ming
·08-28
Great article, would you like to share it?
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TohKC
·08-28
Great article, would you like to share it?
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AN88
·08-28
Great article, would you like to share it?
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tryphena
·08-28
Great article, would you like to share it?
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Stayawayfromstockmarket
·08-27
upward trend？
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Huat99
·08-27
good
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He made this remark during a press conference at Mar-a-Lago in Florida. \"China and the US can solve all the world's problems together. Think about it, it's important,\" Trump said.\nFollowing the news, both Hong Kong and Chinese stocks saw slight gains. Do you believe in a bullish New Year rally for Chinese stocks?","image":"https://community-static.tradeup.com/news/277f3722b689cde4571a80decdd32ce2"}],"images":[{"img":"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c","width":"1848","height":"863"},{"img":"https://community-static.tradeup.com/news/0fa27b1a00688223eb79f536b1c01faf","width":"898","height":"1530"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c","width":"1848","height":"863"}],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/PDD\">$PDD Holdings Inc(PDD)$&nbsp;</a><v-v data-views=\"1\"></v-v> sold off into trendline support. I would be apprehensive about shorting off this level after it filled the 95 gap.\nYesterday's daily candle closed with the largest volume in years, and we are retesting a prior resistance level from above, suggesting a potential S/R flip is taking place.\n&nbsp;I'm expecting some volatility ahead as the stock consolidates around this level, but ultimately think that it will resume its uptrend in the coming weeks.&nbsp; \nAm positioned for the reversion back to the upside, considering the weight of this selloff.<a href=\"https://ttm.financial/S/PDD\">$PDD Holdings Inc(PDD)$&nbsp;</a>\n<img src=\"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c\" tg-width=\"1848\" tg-height=\"863\">\n<img src=\"https://community-static.tradeup.com/news/0fa27b1a00688223eb79f536b1c01faf\" tg-width=\"898\" tg-height=\"1530\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/PDD\">$PDD Holdings Inc(PDD)$&nbsp;</a><v-v data-views=\"1\"></v-v> sold off into trendline support. I would be apprehensive about shorting off this level after it filled the 95 gap.\nYesterday's daily candle closed with the largest volume in years, and we are retesting a prior resistance level from above, suggesting a potential S/R flip is taking place.\n&nbsp;I'm expecting some volatility ahead as the stock consolidates around this level, but ultimately think that it will resume its uptrend in the coming weeks.&nbsp; \nAm positioned for the reversion back to the upside, considering the weight of this selloff.<a href=\"https://ttm.financial/S/PDD\">$PDD Holdings Inc(PDD)$&nbsp;</a>\n<img src=\"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c\" tg-width=\"1848\" tg-height=\"863\">\n<img src=\"https://community-static.tradeup.com/news/0fa27b1a00688223eb79f536b1c01faf\" tg-width=\"898\" tg-height=\"1530\"></body></html>","text":"$PDD Holdings Inc(PDD)$ sold off into trendline support. I would be apprehensive about shorting off this level after it filled the 95 gap. Yesterday's daily candle closed with the largest volume in years, and we are retesting a prior resistance level from above, suggesting a potential S/R flip is taking place. I'm expecting some volatility ahead as the stock consolidates around this level, but ultimately think that it will resume its uptrend in the coming weeks. 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