Intraday Technical Analysis Of Pinduoduo Inc.
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Today’s instrument is Pinduoduo Inc.‘s ADR stock traded on the Nasdaq exchange under the ticker PDD.
Looking at the PDD‘s chart, we can see that in the last month it is in an uptrend up and it was lastly traded at the current level of around $66.60.
Pinduoduo Inc. is announcing its quarterly earnings on the coming Monday, and if the market’s anticipation is positive then we could see its price rising towards its resistance level at around $72 otherwise it should fall towards its support level at around $60.
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