TheAverageTrader2

Jd.com OBV analysis breakout

Long
TheAverageTrader2 Updated   
BATS:JD   JD.com, Inc.
JD.COM as per the published chart, shows a divergence, the price trendline which still reflects a downtrend and a non-breakout, is not on par with the volumes as shown by the obv indicator, and that the breakout of the downtrend has actually already occurred , as the price has reached the bottom.
Trade active:
jd proceed to going up
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