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:...
I'm not saying this WILL happen, but if it does, I'll be looking to go bullish around $34...
Buy low, sell high on this one. Sideways to choppy. there is some put sale prem as well down here, but I'm out of BP for that. So, let's ride it. I'll post my unravel / exit plan later. :-)
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!
Just my wave count - we can clearly see a very nice and pretty large channel. JD moves similarly to BABA, which I also expect to go higher after a pull back.
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...
Another Chinese name looking promising here with nice chart + earnings growth.
JD has been captured gains since the beginning of the year. Already 10% till now. Continue see strength and to see if JD could break 29.23 to higher. #Walmart has already increase stake in JD to 12%.
When will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target. Note that the recent ramp has also formed a small bull flag,...