JDC trade ideas
JD - Inverse HnS to Kick-Off a Long Term TrendHere I see an inverse head and shoulders formation that could produce a pretty quick 10% pop. Furthermore, as long as the yellow trendline supports the trend, I will stay in the trade.
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$JD.COM Overbought, Maybe time to Take Profits
JD has had a fantastic run post earnings but it may be time to
ring the register.
The stock is now overbought with the RSI @ 82.
The Fibonacci 1-2-1 expansion target has been hit and held.
May need some consolidation before making a run to $90 & $100
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NEWS BREAKOUT CUP WITH HANDLE AND HIGH VOLUM BUY JD 66.98$JD's revenues rose 33.8% to $28.5 billion, compared to expectations of $27.5 billion, as services revenue grew 36.4% and revenue from general merchandise jumped 45.4%.
JD is also building out businesses like its marketplace, adding new third-party retailers to JD Mall, and it grew revenue from its third-party logistics business by 54.4% to $2.2 billion. JD Health also raised an $830 million investment from Hillhouse Capital; its health division has grown rapidly during the COVID-19 pandemic.
1% CAPITAL
JD.com Trading IdeasMarket Structure : Uptrend (based on the Weekly and Daily Candlestick Pattern)
Area of value : Resistance area (at the upper Triangle resistance line) or at Fibonnaci level 0.382 support level (where the candle lingers at 0.382 and rejected
the support at 0.50.
Strategy : Bouncing Strategy (Swing Trading, Short Term)
Entry Price : TBC
Stop Loss : TBC
Exit Strategy : Trailing Loss (following 50EMA). Or to look out for if the uptrend losses its momentum (lower swing high, and lower swing low)
Based on my analysis, it might trade at a breakout within the next few days. To wait for price confirmation within 1-2 days to see if it breakout at USD65.00.
PS: Anyone who see this, please note that this is just a trading idea for short term. I am still learning with all these technical analysis, so appreciate if you could highlight to me the area which you find disagree with. Anyway, happy trading!
Earning coming out for JD AUG 17Earning coming out for JD AUG 17
Should beat Market expectations (again)
how high it jumps on that good news i have no idea.
I put in a sell at 73 and 81.
who knows?
not me.
But
I think the next quarter will not be so good - they have to slow down growth on this site. But I don't work there so they didn't ask me.
Over all this stock can still grow. I'm long generally with it.
This is not advise just hunch.
JD Analysis Weekly
Bullish Outside Bar
Rejection of Dynamic Support & 0.786 Fib (60.83)
Upside Weekly Reversal
Daily
Bullish over 64.64
Bullish Hidden Divergence (RSI,Hist,Momen,OBV,Stoch)
Simple ABC Correction Continuation
2x Volume Spike on break of Ascending Triangle
HIST Crossover, MACD/RSI curling upward
Bullish Momentum Rising
4hr
Strong Bullish Momentum
Double Bottom + Inverse H&S
Bullish EMA Cross
Bullish Hidden Divergence (CCI,CMF)
JD Long Swing Trade for Week of 7.26JD looking like it wants to see some bullish action this week.
Would need the MACD to cross on the 4hr to confirm; price breaking 61.10 would
be when I would enter the trade.
Targets:
Target 1: 61.60
Target 2: 62.25
Target 3: 63.00
Target 4: 64.00
Target 5(extreme 1): 65.00
Target 6(extreme 2): 67.00
Stop: 60.00
Best of Luck,
--d0x
$JD ascending triangle #bullish #breakout on weekly #chart$JD stock price has traded around the 35.50 level for the past 5 years (dotted black line) and this level has been resistance from 2015-16 to support between 2017-2018 and then resistance again since mid 2018
After last support break the stock price drifted lower until it bottomed around 19.20 levels after the DEC'18 selloff
Since then the price has formed a nice ascending triangle from which has broken out in late DEC'19 after the announcement of Phase1 Deal between US and China
Volume is not yet what I would like it to be, but MACD and RSI have both sustained the move up
Targets are:
T1 - former JUN'18 high before the last leg down at 45.23
T2 - measured move from the triangle breakout at 51.74
Good luck,
TA
JD - opportunity to stake for a swing upAfter a few days of correction in the markets, we are starting to see technical "values" emerging. JD tested the 50% fibonacci retracement support @ 59 this morning, forming the 2nd bullish candle within 3 days. The bullish divergence between price and stochastics is also getting apparent.
Long @ 61 for a short term swing up to 69 (initial target) with an initial stop @ 59.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.