The buy zone I'm looking at are in between $50 - $48.
Next possible resistance to close position would be around $60 - $62 (Mid BB/Fibo in H4) perhaps even up to $64.
Daily show a different overview currently the Mid BB/Fibo located around $68 - $70.
Any solid closed candle below $48 would mean that this idea is invalid.
**This is just my personal idea and do...
China Stocks Are Very Bearish , As Us / China relations strained over many issues tensions leading toward increased negativity = escalation into a red market.
Also earnings are 5/11/22 Leave Your Thoughts, Thanks.
We define a huge deficit as an unnecessary variation in judgment. The deviation is the average, common probability, and the great deficit is the variation of these errors.
Huge losses are a universal problem and should be of concern to anyone making professional judgments.
Tips:
Investment variation, tears please note!
The PEAD projected a Bearish outlook for $JD after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 100%.
JD.com - Short Term - We look to Sell at 64.14 (stop at 70.67)
Previous support, now becomes resistance at 62.00. 50 1day EMA is at 67.80. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today.
Our profit targets will be 46.03 and 41.10
Resistance: 65.00 / 80.00 / 90.00
Support: 50.00 / 41.00...
Good earnings momentum got crushed due to market and Financials weakness.
With current momentum a continuation of filling the open POC above the current price is possible
Price target for JD is $62.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and...
JD.com, Inc. is a company that operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses.
Revenue TTM 139B
Net Income TTM 4B
Debt/EBITDA TTM 2.05x
The stock has lost more than 50% and is now hitting a level of support and also the lower level of a down channel! If history repeats itself the price should soon bounce back up to the upside for a quick 5-10% bounce at least! Just my opinion:)
Earnings watch 3/10 pre-market:
JD
AG
ESTE
BBW
CLVT
ATY
VITL
SHIP
BZUN
KNOP
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of...
Nice levels split for stock to go up or down.
Breaks 70.50 - 78 Put with the goal of gaining $200 $400 - drop to 68 range
Breaks up through 72.70 - 68 Call
*****Not a financial advisors***** - Don't let the greed monster come see you.
jd stuck between strong support and resistance, I don't expect any big moves anytime soon unless we see resistance/support break and hold.
neutral at the moment with no price targets, like and follow for more! 💘
