RalphPB

Long- 9618 HK/JD US

Long
HKEX:9618   JD.COM INC
Key reasons:

1. Support (channel)
2. RSI:
a) absolute base: Oversold
b) trailing: the bottom of the channel of RSI
3. Hammer in a downtrend


Buy at ~HK$268
First resistance: from ~HK$390 to HK$422



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