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jkaspar11
Jun 1, 2018 3:48 PM

$JD breaking out of YTD wedge formation?  Long

JD.com, Inc.NASDAQ

Description

After breaking some longterm tread lines yesterday, JD.com showing some redemption today. Going be the final bottoming of year-to-date wedge formation and could now push higher. July and September $40 calls popular last week. Volume drying up, and RSI shows possible inverse H&S pattern ready to move up.
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