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tfleet007

Bullish / Watchlist: JD Consolidation Zone

JD.com, Inc. (NASDAQ:JD)  
tfleet007 Updated   
NASDAQ:JD   JD.com, Inc.
Trend Analysis Chart Patterns Technical Indicators
3
0
trendanalysis chartpattern indicator
Looking for GP2 to hold and consolidation to continue bullish movement.
Comment:
GP2 is acting as support here as JD has broken the lower trendline. Loss of GP2 and I will open short expiration puts.
Comment:
snapshot

JD bounced right off GP2, now we look for JD to push through the lower trendline of the symmetrical triangle
Comment:
snapshot

JD broke through GP2 and bounced off a pivot structure. Currently holding above the hourly 8EMA. Going to let this chart develop some more.
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