JD.com, Inc.Short
JD - continued selloff likely within next week
Short 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.
Next buy level could be 72-73, pending confirmation if/when we get there.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.