Pinduoduo Inc. (NASDAQ:PDD) has demonstrated notable stock performance, reflecting strong market interest and investor confidence. The company is set to report Q1 earnings on Wednesday. Wall Street expects PDD to post $1.43 in EPS and $10.6 billion in revenue, as it reports before market hours. At the time of publication on Monday, the stock was up 1.2% to $147.96. Over the past year, PDD stock has surged by 134%, and is up 1.6% in 2024. This performance underscores the stock’s resilience and potential for continued growth. Several Bullish Indicators On PDD Stock Charts From a technical analysis perspective, PDD is exhibiting several bullish indicators. Chart: Benzinga Pro The stock is currently trading above its key moving averages, which signals sustained upward momentum. The share price of PDD is above the 8-day simple moving average (SMA) which indicates a bullish signal, reflecting short-term bullish sentiment. The 20-day Simple Moving Average (SMA) suggests ongoing bullish momentum, with the stock price well above this short-term average. The 50-day SMA ...