JD.com - Short Term - We look to Sell at 64.14 (stop at 70.67) Previous support, now becomes resistance at 62.00. 50 1day EMA is at 67.80. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today. Our profit targets will be 46.03 and 41.10 Resistance: 65.00 / 80.00 / 90.00 Support: 50.00 / 41.00...
Price target for JD is $62. All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth! Traders are expecting the Chinese government would support the stock market like the FED did in the US.
JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and...
Sell $65-72 Stop Loss $77-80 Target 1 $50-55 Target 2 X Pick and like , PM
Looking to enter JD if breakout and retest resistance
Hi, Long time no see! ;) Actually, quite a busy time but still, have some old depths again and here they are - the stocks you mentioned in the comment section. Probably you don't even remember them :) Sadly this series is not popular amongst crypto followers but still got enough data to sort out some stocks which may indicate that technically we get short-term...
I’ve been watching this company for a long time, and even have long position at the price of 65.6. JD.com made clear impulse up by Feb 2021 after which it began to decline. At the moment, the entire decline after ATH I can count as zigzag ABC, where B is triangle. From level 61.65 (+ reaction from 50% Fibo level) the price formed leading diagonal plus ABC...
my thoughts were accurate for the 3 Chinese stocks and now we are waiting for re-entry after the decline. the positions were closed half yesterday and half before yesterday trading day disclaimer
New trader here, would greatly appreciate any feedback on my rudimentary analysis. I have been watching $JD and am proposing the potential development of an Inverse Head and Shoulders pattern. I would now be looking for a pullback from the neckline (top purple box ~$71) to the shoulder line (middle purple box ~$65), before a break of the neckline to enter a long...
JD has lost a third of its value in just over a month. Let’s take a look if we can pick the stock up over the next days. Elliott: We are looking for a wave C with 5 sub-waves. We can count a completed 5-wave move to the downside now. Alternatively we expect one more wave to completion. These two interpretations give us two potential buy levels. Geometry: Price...
jd finally make the break out from downtrend line, mow is time to buy! happy new year with health and gains!! disclaimer
With the news of DIDI listing, Im thinking there will be pressure on other China Tech stocks. Nice setup on JP.. Look to play this break and implied move or fill of gap..
All, JD looks like it's going to make a pretty sizeable move here. My honest guess is the downside. With that said I don't think they are a bad company by any means. Decent earnings etc. I just don't see the traffic/high level interest to really keep the momentum up. That being said I always plot both theories up and down so of course do your own DD. Like most of...
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. If you enjoyed this analysis, I would definitely...
I am bullish on JD in the short term based on the following: 20th Oct - 8th Nov - JD had 3 waves down; and on the 8th Nov, it found support and closed above a key level. After 3 waves down, based on what I have seen, there is usually a change in direction. 9th Nov - A bullish inverted hammer candle was formed and it closed above $77.05. 10th Nov - I entered a...
We are not excluding a possibility of an interim rise, but that will not last. We have much potential to drop on this one. Appearances can be deceiving. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is...