JD is one of the most competitive competitor with BABA, as this BABA rocket keeps on surging to the sky, JD should also be attractive to those who are too scared to buy BABA above $165.
Based on this pattern, it suggests to buy around 40.
While as always, I need at least one more reason to convince me, so I'll focus on if there are
happened here , I don't mind if it happens on smaller time frame.
If so, it might be a good try to long and the potential out is below 38.50.
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If so, yes it's a much better reversal sign than the 30 minute one I traded lol.