It's hovering over the lower BB and support area 78.15 and RSI is indicating oversold. PT = 87.5 and Stoploss 74.9. Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
JD went back to test the trendline, good entry point !
A Long naked called OTM should print. My target is 110.
Jingdong Retail Group, Jingdong, JD .com is a Chinese e-commerce and e-commerce company located in Beijing. Is one of the largest B2C companies in China. JD has over 441 million active customers, providing a one-stop shop for a wide range of products. JD's platform also enables local and international brands to enter the Chinese consumer market. In the third...
JD health also broke out the symmetrical triangle with strong bids. Price could retest our entry where the previous swing high was before rallying further!
JD is poised to break the counter trendline and bounce ! JD is squeezed in triangular pattern and is likely to break above after hitting the -27% fib retracement target where the spike down is. If we are going to see a breakout of the counter trendline, it indicates more upside could be there !
Is it time for the eye of the $TIGR?
JD is still in correction. Price is retesting the key 61.8% fib retracement and graphical pullback support. Gap filling might occur before a potential bounce, so better to put stop loss below that.
JD could make limited pushdown towards our pivot level, where the 61.8% fib retracement is. MACD is also showing that this bullish trend could enter a period of consolidation.
double bottom and the reversal is begining for 161hk again!
the decline has finished ,it closed too far away for the days lows and price target min for trading daily is 168,1