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QualQuantTrade
Nov 3, 2020 9:04 AM

Range break for $JD around earnings 11/11 Long

JD.com, Inc.NASDAQ

Description

Highly likely to break up within next 5 sessions --> before or after earnings? Or will election have larger impact?

Comment

Price has recovered from the antitrust fueled sell-off. 3 bar recovery followed by another test of the top of the trading range. Anticipate further upward movement tomorrow.
Comments
InvestEmi
Hey @QualQuantTrade, nice play. Now that this has broken out, where do you think it's likely to trade around next?
QualQuantTrade
@InvestEmi, haven broken its all-time high, there's no precedent. All I can share is that I have Nov 20 $95 calls I expect to exit in the next couple days.
InvestEmi
@QualQuantTrade, let's see if earnings can send this stock there sooner rather than later
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