Pinduoduo Inc. (NASDAQ: PDD) Potential pullback in the price to retest the uptrend channel support and previous neckline resistance turned support at US$71.30:   

1. The price formed a bearish reversal evening star candlestick pattern on 10 January at the confluence of uptrend channel resistance and previous swing high of US$95.58 in November 2021.
2. The Moving Average Convergence Divergence (MACD) technical indicator is currently displaying weak momentum as it made a lower high while price made a higher high recently, which is a bearish divergence signal.
3. The price could retest the US$71.30 level in the support zone of US$66-75, confluent with the uptrend channel support and a previous neckline resistance that the price broke out of, which has now turned into support.

*Expected timeline of the trade is 13 weeks from the date of report issuance.