jd price channelsNASDAQ:JD
this one bounced right off the double bottom, jd is ready for continuation in the medium long term
JDC trade ideas
JD long JD moved up again after the sell off after prior market opening.
Looking forward to take some profits at swing high...
Pull Back Fishing Weekly ChartPossibly an ARC earlier on like a lot of the cohorts that are Chinese companies, BIDU and PDD are 2 that come to mind. Its only natural that a parabolic arc comes down to earth.
The talking heads are really negative on Chinese stocks, and it is like you hear it over and over, then even I start believing what they say, DO NOT BUY CHINESE is what I have heard for months. Yet big money is buying them. I can see it. I am not saying they will go up tomorrow or even this week. I am saying do not believe everything they tell you. Bidu , PDD , etc enjoyed a huge run to the upside and look like former ARCs. American stocks do that as well, form an ARC, then sell off, but without so much bad news or negative Karma. I am not even recommending buying Chinese stocks as Cramer and friends have put a mind block on it, I am just saying I can tell Someone is buying them, and a lot of shares.
No recommendation but keep your eyes open and often best to wear ear plugs )o:
ugly monthly chart; more to fall48 price target around the 50sma. save yourself the headache and move on. around the political drama
jd w5 setuppoised to make a run to $151 for this wave 5
jd is in qqq, which this makes it a fairly safe trade as apposed to some of the other stocks which are lonerangers.
when money rotates back into this, it will fly.
JD.comBeijing continues to attack the tech sector, and even Katie Wood and Ark Investment Management have recently dumped shares in Chinese tech companies.
Since July 5, ARK has sold over 610,000 shares of JD. All investment companies are unanimously intimidated and announce the sale of shares of Chinese companies.
There was a significant sell-off in the Chinese tech sector on Friday, in part due to tighter regulatory controls from China. However, let's look from a technical point of view, excluding informational influence.
JD .com shares have been trading in the 70-80 channel for 3 months and amid all the news, the shares held at 70 and rebounded from it. On the daily chart, you can see the paranormal volume of sell deals, which was bought out and the daily candle with a long hairpin is a good confirmation of this. The instrument has sufficient power reserve and the stocks are stronger than the market.
Search for a long entry point at the market open, now the point cannot be determined due to fundamental news. You should wait for the start of trading. I think take Take 1 to 7 if there is good volatility.
JD Idea 7/9/21Looking like a support bounce off $70, looking for upward move towards $80 for a resistance bounce. If it gets above +$80, we can really see this thing shoot up into the 85s.
Please let me know what you think in the comments. Thank you!
4hr chart
$JD - Target $88JD playing out inverse head and shoulder and bullish descending wedge.
If JD can break above neckline $80, it can hit $88.
Neckline - $80
Target - $88
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
$JD | Inverse Head and Shoulders Formation$JD is forming a bullish inverse head and shoulders pattern. I expect price to push up to the neckline & go much much higher after a breakout.
Initial Targets $80 | $85
JD BUY OR LONG, TARGET $108 AND $130JD confirmed a " Symmetrical triangle " at the bottom of the Q1 2021 correction and now the
price is moving up and a new bull cycle has begun with its initial target of the old top of $108.
Good luck.
JD may add some shares on this dip. watching for nowhello everyone please leave a like and follow if you enjoy my ideas :) if you have any questions feel free to dm me here or comment down below. goodluck <3
JD.Com double bottomed and W pattern evidently clear!Seems like JD.com has now double bottomed and formed a clear W pattern. This is quite bullish and the next move should be UP! Potential technical target would be around $92
JD ShortProbably going to pair trade this with BILI calls so I don't get effed by pumptard strength.
Massive OI at 80c's for this week. MM's will try to force this down. See PDD and 130c OI.
$JD - H&S and bullish setupThe chart tells on it's own.
Classic setup; however, need to see if 80 resistance is broken.
T1: 80
T2: 87
T3: 95
JD.com is a BUY nowThis is a pattern I have talked about in the past and it is a combination of a distribution pattern (in this case a Wolfe wave) and a reversal pattern within the accumulation phase (in this case a reversed head and shoulder). I bought this in my investments accounts and is a long term hold for me.
