JD hongkong session sees VWAP bounce, buy blue in question, i tightened stop to 33.5; looking for re entry below 33. Also competing momentum developing in europe, if your cost basis is low enough consider holding cuz this is still in upward channel toward 40, i just may rotate funds to europe to diversify, which may be faster since china stocks should hover in VWAP range 33-37 range for october plenum.
JD stop loss moved to 33, upcoming levels to watch is 36.5 and 37.5; breaking over that the stock would build some energy and go to 40+, the true breakout is test of 36.5 then hold above 35 showing price acceptance of leaving this consolidation range from 30-37.
JD better! no acquisition!
