Telex2015

Overbought on Daily chart

Short
Telex2015 Updated   
NASDAQ:JD   JD.com, Inc.
Last time JD traded above 41 back in June 2018, it went to $45 before coming back to Earth. bis Repetita ?
RSI is running hot on daily chart above 79. On High Alert Watch in next 3 days.
Comment:
Almost 10% down since we took this view.
Things do not look for upward move any time soon.
Failed to hold 38 in the later part of the session.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.