RSI too low, its going to recover. ER wasn't bad, its trading on China woes that are overstated. We have Trump the savior! Problem solver of the problems he creates. We aren't going into midterms with a trade war looming. That's my bet at least. Besides, this seems like a H&S easy technical read, which is why it's not going down. The most obvious move is the one that won't happen.
Will_Wong
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@Renthispace, Every HnS that I have come across is an easy read. It is one of the easiest pattern to recognize. And also one of the most reliable.
CryptoeChris
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@Renthispace, Don't jinx Trump as our savior. He's known to switch sides very easily and who knows he can make the trade war even worse during the trade talks.
CryptoeChris
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This has been the most accurate TA of JD I have seen so far. Why the $20 Mark? I can not see this stock going minus 50% of its ATH. I think the lowest would probably be $25.
Will_Wong
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@CryptoeChris, $20 is the target for the HnS. May not get there.