US Stocks Elliott Wave Technical Analysis Blog!
US Stocks Elliott Wave Theory in Action

31Mar

Pinduoduo Inc., Elliott Wave Technical Analysis 31 March 2023

Alessio Barretta |31 Mar, 2023 | 0 Comments | Return|

NDQStocks-Splash-1

Pinduoduo Inc., Elliott Wave Technical Analysis 30 March 2023

4Hour

Pinduoduo Inc., PDD: 4-hour Chart, March 31 2023,
Pinduoduo Inc.,  Elliott Wave Technical Analysis
PDD Stock Market Analysis: We have reacted off equality of {c} vs. {a}. We are lookin for a clear five wave move into wave (i) to then look for longs.
PDD Elliott Wave count:  Wave (i) of {iii}.
PDD Technical Indicators: Below all averages.
PDD Trading Strategy: Looking for longs.s


Daily

Pinduoduo Inc., Elliott Wave Technical Analysis
Pinduoduo Inc., (PDD:NASDAQ): Daily Chart, March 31 2023,
PDD Stock Market Analysis: We are looking at a potential nest within wave (3). It is difficult to see this move as corrective, for a bearish alternate, therefore we can look for longs as long as we see a clear three wave move to the downside, which is what are seeing now.  
PDD Elliott Wave Count:  Wave {c} of 2
PDD Technical Indicators: 200EMA as support.
PDD Trading Strategy: Looking for upside into wave 3.

About the Author

Related

Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Pepsico Inc., Elliott Wave Technical Analysis Friday 11 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Placing longs with a stop below red line, looking ...

Read More >
Intel Corp., Elliott Wave Technical Analysis 21 December 2022

Intel Corp., Elliott Wave Technical Analysis 21 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - WE can see how it is accelerating to the downside a...

Read More >
Weekly US Stock Review FLIR, IBKR, NFLX, NIO, SNAP 10 May 2021

Weekly US Stock Review FLIR, IBKR, NFLX, NIO, SNAP 10 May 2021

A quick look at how the US Innovated Disruptive stocks are progressing this week by Alessio Barretta...

Read More >
Honeywell International Inc., Elliott Wave Technical Analysis Wedensday 16 November 2022

Honeywell International Inc., Elliott Wave Technical Analysis Wedensday 16 November 2022

Elliott Wave charts by Alessio Barretta 4 Hour - We could have a potential ending diagonal in wave {...

Read More >
Fortinet Inc., Elliott Wave Technical Analysis 14 December 2022

Fortinet Inc., Elliott Wave Technical Analysis 14 December 2022

Elliott Wave charts by Alessio Barretta 4 Hour - Looking for continuation higher into wave v of (i)....

Read More >
Netflix Inc., Elliott Wave Technical Analysis 18 January 2023

Netflix Inc., Elliott Wave Technical Analysis 18 January 2023

Elliott Wave charts by Alessio Barretta 4 Hour - As you can see the move down in potential wave {a} ...

Read More >
You need to login in order to comment
WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!
  • Our coverage means you get maximum flexibility in your trading options
  • Analysis updates every day Mon-Fri
  • Elliott Wave specialists
  • Discretionary strategies to take away
Our huge range of markets include charts + videos for:
  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil, Silver, Copper, Iron Ore, Nickel, DXY, GDX, Commoditiy Futures
  • Forex daily – AUDUSD, EURUSD + US Dollar Index
  • Cryptocurrencies - Bitcoin plus
Also included so your trading can really improve:

Trading Education

  • Phone + Email support