$JD Wedge Breakout Pull Back For Long Buyers Long

JD.com, Inc.NASDAQ

Description

⋅ Sep 29, 2020 12:43 PM

JD is forming a gorgeous wedge and is now attempting to pressure the top end (for the second time). If buyers can manage the run above wedge highs with conviction, there isn't much stopping the buyers from wanting a pullback to push higher again.