Arrows say it all.... hopefully JD oooooooooo JD are we creating a cup n handle? because it really looks like were creating a cup n handle short term Flag forming will drive price to 33 to finish the cup but then quickly turn after earnings on the 8th to start the handle formation bring the price to around 24 and a 22 for an extended correction wave. Obviously like most patterns this could be rejected and turn into something else but i like to think this plays out :)
White lines are resistance and support aswell as the fib lines being support for the handle.
overall view of past year
yellow lines are for the previous trend breakdown of the triangle but can be used as trend resistance/retest. It looks to have hit target if we played that previously (which I didn't) just showing it since it played out in purple.
If the cup and handle DOES end up forming correctly we should see a growth to a range of 45 and 46 doll hairs within the coming months shown in the white boxes.
enjoy everyone remember play whats already in front of you so the flag first flag breaks out play the head and shoulder top if it forms etc etc.
careful trading everyone and lets make this bread bread
Leroy out!
oh yeah and if the Cup n Handle fails I expect something of this nature because the volume in the middle of the dish has me a bit worried that this is a false pattern.
JD
JD LONG !!! Following the uptrend channel since 20$JD has been following the uptrend channel like a Boss !!! Weekly clearly shows how it is going to maintain the channel and ride to 40$
Also the 50 and 200 day EMA crossover is going to happen soon which is highly bullinsh.
Wait back for some pullback, buy more and ride the uptrend.
I would keep a conservative next target of 32$
Some key highlights of JD (source- google)
For example, JD's top investors are Tencent (NASDAQOTH:TCEHY) and Wal-Mart (NYSE:WMT), which respectively own about 20% and 10% of the company. Tencent owns WeChat, the most popular messaging app in China, while Wal-Mart operates over 400 stores across the country. The three companies now pool their user and customer data, offer mutual discounts, and accept payments with Tencent's WeChat Pay
But that's not all. JD also recently integrated its e-commerce features into online search giant Baidu's (NASDAQ:BIDU) app, and invested in flash sale site Vipshop (NYSE:VIPS), which ranks a distant third in the Chinese e-commerce market. Simply put, Alibaba has more market clout, but JD.com has more allies
The key takeaways
JD is a volatile stock and isn't for queasy investors. But it also should never be dismissed as a "second-rate Alibaba", especially when its growing market share, expanding ecosystem, rising revenues, and improving profitability suggest otherwise.
JD.com (NASDAQ: JD), China's largest direct retailer, recently partnered with Japanese e-commerce giant Rakuten (NASDAQOTH: RKUNY) to launch an unmanned delivery service in Japan.
That's why JD is buying back its own stock, and why Tencent (NASDAQOTH: TCEHY), Walmart (NYSE: WMT), and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google all hold stakes in the company. It might be smart to follow their lead
JD.inc Long IdeaHi guys ! Post my recent idea for a long position at JD.com. Technicaly the Vortex Index tends to crossover because -VI reached high oversold levels and it is a solid signal for a trend swing. Also the bottom bollinger points no further breakout. Also ADX tend to find a direction. From a fundamental scope the recent Trump- Xi "deal" could boost the stock and trading for higher prices . My target is at 36$, whats yours? Hope you find it usefull
JD: Earnings Stock of the Day JD.com has been in a downtrend since it topped early this year. This weekly chart shows why it is no longer an ideal sell short. The stock has declined steadily, losing more than 50% of its price value and JD is now at a support level that is strong, where buyers are likely to start moving in. At this time, a sideways pattern is likely, or a bounce up today if earnings are showing growth and stronger revenues.
JD forming bullish divergence inside descending triangleDescending triangles tend to be bullish consolidation pattern. Confirmation will be achieved upon breakout of the triangle. Long positions would be promising to open in the range of $21-24 with a short term target of $30-31. Longer term we think this stock can go back to $100.
$JD - JD.com $10M Bearish Bet$JD - JD.com saw a big $10M+ bearish bet today via the Jan'19 $70 Puts (very deep in the money - current stock price ~25.50) with 2,400 contracts purchased for ~$4,400 per contract.
The chart supports the bearish prediction with the price having been respecting the 50d ema for the majority of the summer on the 2H chart.
Medium term target - $23.00-23.50 area by mid-October (long term support levels)
Bullish on the Chinese tech sector, 5 must have stocksSeptember is often considered a tough month for stocks. However, many Chinese stocks have already had a rough year due to escalating trade tensions between the U.S. and China.
By and large, the fundamentals supporting Chinese tech stocks are strong given small penetration rates in a very large and rapidly growing internet market. For the most part, the technicals point to healthy upside going forward.
The following 5 Chinese tech assets are hovering around their Point of Control POC: price point with the highest trade volume and are showing signs of recovery using a number of indicators. We use the China 50 Index as a benchmark for these assets.
Trading at a blatant valuation discount- LONG V2This is a supplement to my previous analysis however we now include a performance comparison to JDs peers.
One of the trends taking place in my portfolio is an increased weighting in China's technology sector.
Amid the trade-driven pessimism over China, clamp down on digital assets and increased control over online content China's economy is trading at a blatant valuation discount to the U.S.
Within the last few months the BAT stocks Baidu 0.90% BIDU 0.90% , Alibaba BABA and Tencent TCEHY -1.17% have been among the biggest losers.
The recent arrest of JD 0.91% CEO 3.11% Richard Liu has caused JD 0.91% stocks to tumble further relative to its e-commerce peers and is now almost 50% off its 52-week high. I view this as a risk-reward profile that is heavily tilted in favor of the bull.
All indicators explained on the graph.