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Pinduoduo Inc.(PDD:NASDAQ) Elliott Wave Technical Analysis March 27 2023
@TradingLounge:Pinduoduo Inc., Elliott Wave Technical Analysis Pinduoduo Inc., (PDD:NASDAQ): Daily Chart, 27 March 23, PDD Stock Market Analysis: We can identify a clear three wave move to the downside into what could be wave 2. In addition to that, there seems to be a complete five wave pattern within wave {c}. PDD Elliott Wave Count: Wave (v) of {c}. PDD Technical Indicators: 200EMa as support. PDD Trading Strategy: Looking for upside confirmation. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Pinduoduo Inc., PDD: 4-hour Chart, 27 March 23, Pinduoduo Inc., Elliott Wave Technical Analysis PDD Stock Market Analysis: We are looking at a potential bottom in place as we have passed equality of {c} vs. {a}. PDD Elliott Wave count: Wave (v) of {c}. PDD Technical Indicators: Below all averages with RSI bullish divergence. PDD Trading Strategy: Looking for shorts as long as we stay below the 20EMA.
Pinduoduo Inc.(PDD:NASDAQ) Elliott Wave Technical Analysis March 27 2023Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.