JD yet again offering up a long R:R setup after pushing up the first time. I think we can look for a re-entry around 40.70 with a stop around 40.00. If you wanted a bit more bullish conformation, you could take the trade with price moving above the last two days' highs. I'm looking at the Aug17 $40 calls, with the plan to roll up and out in time if JD starts to...
NASDAQ:JD is making a perfect retest on the pennant to go long
I posted about this a while back, so wanted to reiterate given the developments abroad. The HSI appears to have formed a double top (with a potential bull trap, too) and I suspect selling pressure may escalate. A decisive break in price above the top would need a few weeks of closing above to invalidate the pattern. Given the negative catalysts surrounding China...
15 June JD.com had risen along side all major technology stocks including the NDXT. The Dow Jones however had dropped and this lead me to believe that people were exiting other categories and entering into technology as a safe haven. This could also be because of the trade wars chatter between US & CN that has lead to people leaving categories that had a reliance...
Shares of BIDU came under pressure because of management changes, but the selloff seems grossly overdone. Shares are currently sitting on a massive support zone... the 50, 100, and 200 day moving averages are bundled up between $242.39-245.42. Right below those averages is the 61.8% retracement of the previous major swing, further strengthening the support....
JD is facing a critical point over here. After a disappointing result in Q1 (due to heavy investment on AI, logistics, etc.) JD was heavily punished by the market. There is a signal of recovery over here with a bullish divergence. The descending triangle has two opportunities. Further down movement or breaking through and moving up again. Target upwards:...
MCHI tracks the big China blue chips China and Japan possibly oversold from the last week of selloffs. N225 and HSI Now that the DJI, IXIC and SPX have found a bottom (hopefully) expect Asia to bounce. Got in at 70, looking to sell over the week at 76-78
My chart should explain it... Chinese Singles' Day or Bachelors' Day, which originated from Nanjing University in 1993, was initially celebrated at various universities in Nanjing during the 1990s. It got the name "Singles' Day" because the date consists of four "one"s. Upon graduating, these college students carried the university tradition into society....
JD.com Cup and Handle setup for singles day (11/11), and Earnings announcement (11/13). Earnings announcement* for JD: Nov 13, 2017. JD.com, Inc. is expected* to report earnings on 11/13/2017 before market open. The report will be for the fiscal Quarter ending Sep 2017. Chinese Singles' Day or Bachelors' Day, which originated from Nanjing University in 1993, was...
JD is forming a potential H&S formation. It has strong twiggs money flow divergence. We think it has good downside potential. To trade this we would also consider January $37.00 Puts currently $1.53 * Trade Criteria * Date First Found- October 23, 2017 Pattern/Why- Potential H&S formation Entry Target Criteria- Break of $37.47 Exit Target Criteria-...
entry ~39.7 stop loss ~38.9 target ~42 potential gain of 5.8% or higher if you re-evaluate the chart later and adjust the stop loss accordingly potential loss of ~2% approx 3:1 risk reward ratio take this with a grain of salt
buy point ~ 39 stop loss ~ 37 target ~ 45 risk ~ 5-6% potential gain ~ 15-18% 1:3 risk to reward ratio take this with a grain of salt. feel free to raise the stop loss instead of selling given that you believe JD will benefit from the growth of ecommerce in China. check them out.
Monthly and Weekly calls good to consider. Feel free to comment if you have any input on this chart. Thnx!
JD.COM rallied from 20 to 49 within a year, and after it failed to break 49 fig level in 8/8 in addition to the earnings report in 8/8, it plunged about 20%. 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 bullish...
JD was in our watch list from quite a while as a short candidate. Now it has broken down its upward channel formation. It has potential to dropdown all they way down to $35 area. We think it will be a good short if it breaks down or retest channel line. * Trade Criteria * Date First Found- August 17, 2017 Pattern/Why- Upward channel breakdown short Entry...