$PDD Holdings Inc(PDD)$ sold o

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$PDD Holdings Inc(PDD)$ 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.$PDD Holdings Inc(PDD)$

# PDD Drops 10%! Will You Buy the Dip Under $100?

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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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Will You Buy the Dip Under $100?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":aa79a96f120143fe9914cf57b36baedd}&rnconfig={\"headerBarHidden\": true}","description":"Pinduoduo shares dropped over 10% after the company reported Q3 revenue of RMB 99.35 billion, missing the estimated RMB 102.83 billion.\n--------------------\nWhat's your target price for PDD's decline?\nConsider to bottom at $90 or not?","image":"https://community-static.tradeup.com/news/277f3722b689cde4571a80decdd32ce2"}],"images":[{"img":"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c","width":"1848","height":"863"},{"img":"https://community-static.tradeup.com/news/0fa27b1a00688223eb79f536b1c01faf","width":"898","height":"1530"}],"coverImages":[{"img":"https://community-static.tradeup.com/news/a892fda7ba9abf1fd8a8d3a96154942c","width":"1848","height":"863"}],"html":"<html><head></head><body><a href=\"https://ttm.financial/S/PDD\">$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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