Today, London's stock market is experiencing a bonanza, as the FTSE 100, which is the index that includes the 100 most prestigious and well capitalized blue-chip companies which are listed on the London Stock Exchange, has rocketed to an astronomic 7,741 points.
This represents the highest level that it has reached in over one year, by quite some margin.
In...
Another stock that's in my portfolio is JD.com (NASDAQ: JD), the national e-commerce giant second only to Alibaba (NYSE: BABA) in gross merchandise volume. It did remarkably well in the first quarter, when China saw its first economic contraction since the government began reporting statistics. It did even better in the second quarter as the wheels of the economy...
JD Sports stock price is preparing for a pullback on the weekly. With the price got rejected at extreme optimism, more bears are being invited to drag the price downward
N.B
- Let emotions and sentiments work for you
-ALWAYS Use Proper Risk Management In Your Trades
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...
Last post: See link below.
Review: Price was in a period of consolidation.
Update: Price is currently trading out of consolidation.
Conclusion: As long as price can remain out of the consolidation zone, we should see a continuation of the previous uptrend.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our...
Last post: July 31st 2019. See chart .
Review: Price was trying to break through resistance.
Update: Price failed to break resistance and is now stuck in a period of consolidation.
Conclusion: We need to wait and see if price breaks through the consolidation support or resistance level.
Any comments or questions, do not hesitate to leave them below. Give...
RBC Capital Markets show high praise for this stock as one of the few successful overseas. Healthy growth and revenue projections value this stock at target 725. Currently tested and rejected at support level, good place for a buy or short if the level breaks. Good Luck!
Last post: September 12th 2019. See chart .
Review: Price had been creating new all-time highs before forming a deep pullback.
Update: Price is looking bullish again but there is a resistance level standing in its path.
Conclusion: If price can successfully break and close above resistance then we should be presented with long opportunities.
Any comments...
Last post: September 3rd. See chart .
Review: Price was making new all-time highs after breaking out of resistance.
Update: Price is continuing to make new highs and still looks strong for long opportunities.
Conclusion: We will be looking for long opportunities when we see another breakout.
Any comments or questions, do not hesitate to leave them below....
Last post: June 30th. See chart .
Review: Price was heading up towards the previous all-time high.
Update: Price has now started to challenge the all-time high resistance level.
Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities.
Any comments or questions, do not...
Last post: June 21st. See chart .
Review: Price was approaching the resistance level.
Update: Price is still on its way to target the resistance level.
Conclusion: We continue to wait and see if price can break through resistance and leave the consolidation zone.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
Last post: June 8th. See chart .
Review: Price had broken a resistance level but was still below the all-time high.
Update: Price has gained strength since the last post and is making its way to the next resistance level.
Conclusion: We need a break of the all-time high to confirm a continuation of the bull trend then we can look for long opportunities.
Any...
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is still in consolidation but has broken a strong resistance level and is now approaching the next area of resistance.
Conclusion: At the moment we have to stand aside. A break of the next resistance level will confirm a continuation of the previous bull trend and at that...
