JD trade ideas
JD - continued selloff likely within next weekShort interest remains high, with no clear sentiment indication from CMF or MFI. Next support (on the way down) at 72.30; a continuation to this level seems more plausible than a move out of the current channel and back above the MA200.
Next buy level could be 72-73, pending confirmation if/when we get there.
Has JD Drank all the Jack in the Bar?JD.com running a bit low on energy, currently walking the short term bear channel down to the longer term bull channel in play. Watching for price to break below purple line at which point the bull channel should resume. Overall longer term channel appears to be fairly responsive to price action through this point. Watching for price breakouts above the purple line, but not a lot working as of now.
JD Hardcore Elliot WavesApplied complicated Elliot Wave to predict how JD might perform recently. There is another possible 19% falling room for it to complete the impulsive C wave, so I am not in a rush of buying in yet. Keep an eye on JD(HK: 9618) for cross-listed pricing, so you don’t miss the chance of buying the e-commerce tycoon.
JD.com inc earnings surpassed the estimate by over 1000% 2 major points why i am adding JD to my long term portfolio
1- China attack aginst alibaba, will give more market share to JD
2- earnings surpassed the estimate by over 1000% ... heavily underpriced stock!
3 -Price To Sales Ratio 1.08 ( 1-2 is good , 0-1 is excelent)
4- Price To Book Ratio 3.87 - (0-1 excelent ,1-3 ok )
$JD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $JD after a Positive over reaction following its earnings release placing the stock in drift B
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JD.com H&S Short itBounced off conformation line yesterday, let's see if a sell off today will give the nudge
50MA Conformation line -yellow line
1st target 88.60 (Redline) which is also where Fibonacci support and 100 day intersect. if it bounces off of 88.60 or near that area I will be closing my positions.
2nd target is channel bottom at around 86$
Entry - if its across conformation line 93$ or less
Stop loss at 94$
Closing position today
