I once called JD at 19 Dollars, told my brother it would outperform everything, and here it is. 1year 5 months later. almost 3x the price i had called it would boom after breaking. I expect it to retrace all the way down to $50, could be soon, if you are an options trader make a put call that could be convenient for your trading style, if you only buy commons...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are my thoughts. Last drawing/chart trendline prediction I did, the pattern followed almost the exact same price correlation as a short when I was bullish. I still am expecting JD to even have some more growth in this whole...
First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. JD is currently on a bullish run and just in March it was nearly 25% lower in price, now currently it is at the $44.76 price point and with it going up 3.37% today, I expect quite soon it is about...
I am shorting JD.Com on this daily TD sequential 9 and there is a monthly 9 as well. technical indicator are turning bearish too.
It just hit the resistance. The volume is above the average. Today will break out?
Potential bear trap in the way the Fibonacci line has a very tight price range between Fibonacci lines. Leaving support resistance zones kinda indistinguishable Risky buy
Professional Traders are creating a consolidation for JD at a long-term bottom completion level. Heavier-than-normal large lots are on the buy side based on Balance of Power Indicator patterns.
JD has formed a falling wedge, which has sparked a bull run leading to the formation of a diamond top with a double Adam structure, consequently this top created a bearish run pushing the price down to ~ $19, since then a bearish ascending wedge has formed, this may induce a movement similar to that before the falling wedge, indicated by purple fractal. Some...
JD.COM forming cup and handle. Also broke a significant trend line.
JD started to retest the bottom lows, but it has bounced off of higher support within the bottom. There is mild hidden accumulation at this price level.
JD.com, the Chinese equivalent of amazon is at the bottom of a broad channel. It will be interesting to see what spy does in coming days as this could be a good R&R opportunity. Potential upside 25%.
Cup and handle pattern possibly forming on JD 1H. Stop just below handle, price target double height of handle pattern. Fundamentally solid company that was hammered down due to trade dispute and allegations against CEO over past year. Growing in dominance in SEA countries (particularly Indonesia, a large and growing market for them).
JD.com Inc. has a solid and strong bottom formation that is working on completion, which will provide strong support for the next uptrend. These technical patterns are ideal for momentum and swing trading, position trading and also for long-term investing because the long bottom formation is built on Dark Pool accumulation.