30aug22 945 cst $PDD activated for shorts under 67.00 on market volatility but its added weakness and position in time are hurting in more today. Be careful with multiday bets. Needs a large move to get to 57.00. stop is breakeven of course. The downmove needs to be from an intraday 5 hr cycle failure to selloff more. This may happen.
30aug22 1313 cst After reconsideration; $PDD is the wrong trade idea for this week.
30aug22 945 cst $PDD activated for shorts under 67.00 on market volatility but its added weakness and position in time are hurting in more today. Be careful with multiday bets. Needs a large move to get to 57.00. stop is breakeven of course. The downmove needs to be from an intraday 5 hr cycle failure to selloff more. This may happen.