Jd.com OBV analysis breakout
Updated
JD.COM as per the published chart, shows a divergence, the price trendline which still reflects a downtrend and a non-breakout, is not on par with the volumes as shown by the obv indicator, and that the breakout of the downtrend has actually already occurred , as the price has reached the bottom.
Trade active
jd proceed to going upOrder cancelled
downtrend is working as fuck, the trendline is solid as hell. profits locked on the trendline touch, nice gain of 40%.
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.