CFD Trading – Buy Pinduoduo Inc. (PDD.NAS) @ $56.35. Stop @ $48.55 and Target @ $68.80.

Pinduoduo Inc. Stock Code PDD.NAS


Price managed to stay above the cloud during a price correction which kept the uptrend intact. The upper edge of the cloud is currently supporting price and if price can stay above the cloud, the uptrend remains intact. Lagging Span is below price of 26 days ago but is above the cloud at the moment.  MACD is bearish but is turning around near the zero line. MACD is hinting at a bullish price trend. If price is able to stay above the cloud, it could be heading towards the previous high at $68.80.


$56.35                Buy

$68.80                Price Target

$48.55                Risk Management Stop

3 weeks              Trade Duration

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