Bilateral pattern on JD: Ready to gain $10 or lose $10?JD is facing a critical point over here. After a disappointing result in Q1 (due to heavy investment on AI, logistics, etc.) JD was heavily punished by the market. There is a signal of recovery over here with a bullish divergence. The descending triangle has two opportunities. Further down movement or breaking through and moving up again.
Target upwards: 45
Target downwards: 25
Following this one.
-- Just personal doodles, no financial advice --
JD
2017 11/11 Singles Dau Alibaba My chart should explain it...
Chinese Singles' Day or Bachelors' Day, which originated from Nanjing University in 1993, was initially celebrated at various universities in Nanjing during the 1990s. It got the name "Singles' Day" because the date consists of four "one"s. Upon graduating, these college students carried the university tradition into society. Singles' Day has been popularized since the start of the internet era and is now observed in several regions outside China as well.
Singles' Day serves as an occasion for single people to party together. The holiday was initially only celebrated by young men, hence the name, "Bachelors' Day", but it is now widely celebrated by both sexes. "Blind date" parties are also popular during this day in an attempt to alter their single status. Some schools of a university put forward a special program to gather singles together for celebration. Singles may take on a bemoaning or self-deprecating attitude for remaining single as a university student, but this has helped curb that negativity.
By 2016, sales on Chinese commerce websites reached $25 billion on Singles day.
JD.com Singles day Cup and Handle JD.com Cup and Handle setup for singles day (11/11), and Earnings announcement (11/13).
Earnings announcement* for JD: Nov 13, 2017. JD.com, Inc. is expected* to report earnings on 11/13/2017 before market open. The report will be for the fiscal Quarter ending Sep 2017.
Chinese Singles' Day or Bachelors' Day, which originated from Nanjing University in 1993, was initially celebrated at various universities in Nanjing during the 1990s. It got the name "Singles' Day" because the date consists of four "one"s. Upon graduating, these college students carried the university tradition into society. Singles' Day has been popularized since the start of the internet era and is now observed in several regions outside China as well.
Singles' Day serves as an occasion for single people to party together. The holiday was initially only celebrated by young men, hence the name, "Bachelors' Day", but it is now widely celebrated by both sexes. "Blind date" parties are also popular during this day in an attempt to alter their single status. Some schools of a university put forward a special program to gather singles together for celebration. Singles may take on a bemoaning or self-deprecating attitude for remaining single as a university student, but this has helped curb that negativity.
By 2016, sales on Chinese commerce websites reached $25 billion on Singles day.
JD - Potential H&S formation short from $37.47 to £33.38JD is forming a potential H&S formation. It has strong twiggs money flow divergence. We think it has good downside potential. To trade this we would also consider January $37.00 Puts currently $1.53
* Trade Criteria *
Date First Found- October 23, 2017
Pattern/Why- Potential H&S formation
Entry Target Criteria- Break of $37.47
Exit Target Criteria- $33.38
Stop Loss Criteria- N/A
Special Note- Would consider January $37.00 Puts currently $1.53
Please check back for Trade updates. (Note: Trade update is little delayed here.)
JD potential buy opportunitybuy point ~ 39
stop loss ~ 37
target ~ 45
risk ~ 5-6%
potential gain ~ 15-18%
1:3 risk to reward ratio
take this with a grain of salt. feel free to raise the stop loss instead of selling given that you believe JD will benefit from the growth of ecommerce in China. check them out.
JD, Bullish Cypher patternJD.COM rallied from 20 to 49 within a year, and after it failed to break 49 fig level in 8/8 in addition to the earnings report in 8/8, it plunged about 20%.
JD is one of the most competitive competitor with BABA, as this BABA rocket keeps on surging to the sky, JD should also be attractive to those who are too scared to buy BABA above $165.
Based on this bullish Cypher pattern, it suggests to buy around 40.
While as always, I need at least one more reason to convince me, so I'll focus on if there are
1. Hammer
2. Double bottom
3. inside bar breakout
happened here , I don't mind if it happens on smaller time frame.
If so, it might be a good try to long and the potential out is below 38.50.
JD - Upward channel breakdown short form $41.80/40.67 to $35.07JD was in our watch list from quite a while as a short candidate. Now it has broken down its upward channel formation. It has potential to dropdown all they way down to $35 area. We think it will be a good short if it breaks down or retest channel line.
* Trade Criteria *
Date First Found- August 17, 2017
Pattern/Why- Upward channel breakdown short
Entry Target Criteria- Drop below $40.67 or rally back to $41.80
Exit Target Criteria- $35.07
Stop Loss Criteria- $42.63
Please check back for Trade updates. (Note: Trade update is little delayed here.)
LON:JD. (JD Sports) bull targetWhen will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target.
Note that the recent ramp has also formed a small bull flag, but this may be nearly completed.
In short buy this stock up to 380p.
I hate the stupid full stop in the EPIC code for this symbol.