RedHotStocks

JD.COM COULD REWARD THEY BRAVE COME MONDAY

NASDAQ:JD   JD.com, Inc.
JD.COM remains 30% of its 52 week high and has actually staged a nice rally in 2019, yielding a 60% return from the December lows. As the infamous meeting between Mr Trump &Xi over the weekend looms large Chinese stocks have stalled until some clarity is confirmed on Monday. Speculators will be building positions in these stocks prior to the weekend, in the hope that the rhetoric will be constructive and lay the foundations for another market rally. Currently $32 is a breakout level from near term resistance and a possible good entry point.

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