27Mar
Pinduoduo Inc., Elliott Wave Technical Analysis 27 March 2023
Pinduoduo Inc., Elliott Wave Technical Analysis 27 March 2023
4Hour
Pinduoduo Inc., PDD: 4-hour Chart, March 27 2023,
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.
Daily
Pinduoduo Inc., Elliott Wave Technical Analysis
Pinduoduo Inc., (PDD:NASDAQ): Daily Chart, March 27 2023,
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.
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