JD
$JD Oversold at Support$JD Oversold at Support
JD.com closed down -5% today while holding $62 support from mid-June.
Looking for a bounce near term. Targeting $72.00-$75.00 range by early August.
Note: Not investment advice.
2016 Resistance Line still alive and doing its workI am really bullish on this stock long term, good management team, good business model and a very strong development in the AI sector.
But, given the pandemic we are still assisting all over the world right now, the stock has just been riding the wave - similarly to amazon, shopify, ebay and all other ecommerce platforms. But I think it's now time for a little pullback before it keeps its bull trend.
We can see the same very strong resistance line dated from 2016 that has rejected the price for 4 times already since JD's IPO . If you zoom in and have a look at the 1hr or 30min chart, you'll see that the price has struggled to stay above that line the past week.
I got in this trend when the price was still at 35 but, while I am 65% up since a couple of months ago, I am still not closing the trade because I am also a long term investor and know the potential of this business. But, considering this recent surge in price movement, I am going short on my trading account, wait for that pull back and then, go long again.
JD Short SellI'm laddering in shorts for JD targeting red horizontal line around $56.50. Relatively confident in this for a retest, but may endure a little anguish if we continue to grind toward $62 before a fall.
Baba Could be a great long here, or a possible shortWhat is baba?
Alibaba Group Holding Limited, through its subsidiaries, provides online and mobile commerce businesses in the People's Republic of China and internationally.
It operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
Alibaba has been dropping due to possible accounting law being pass to make china stocks more transparent or get delisted.
however, if that fails to pass. This could bounce.
Could be a great long, or if it breaks $198, Yikessssss
Long entry $199
Stoploss $197
Target $206
JD inside day after 8ema correction JD had been so strong to make a new all time high a few days ago.
It gave an inside day after daily 8ema correction, which will be a very good trade for me!
I'll be willing to take the inside day breakout.
Let's see how it goes yo!
JD: $57+ Short Target + Long Potential (Similar FVRR Pattern)First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are a few of my key insights. For JD.com, I am expecting it to follow a similar trend to Fiverr when Fiverr was at its $50 mark and continue a bullish run. As Alibaba's competitor, the financials for JD have been strong and we are in the digitization demand period. I expect it to pass a $57 threshold relatively soon given previous forecasting retracement patterns. I seen JD very recently this month at $44.76, and was spot on prediction-wise. A 12% growth though was minimal for me, but now I think it is about to have a continuation of its bullish momentum. I may surprise someone by telling them of this stock pick and seeing how it goes or testing another strategy.
Previous Target MET for JD ~ Next Alibaba???First off, please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. That being said, here are my thoughts. Last drawing/chart trendline prediction I did, the pattern followed almost the exact same price correlation as a short when I was bullish. I still am expecting JD to even have some more growth in this whole "golden" period for internet retail. I may even say Alibaba may need to watch their backs on where JD is heading. They already been having insane revenue growth the past few years. Infact if you compare the revenue vs. market cap action going on, JD is either considerably under rated or Alibaba is way too over valued. I don't think Alibaba is at all over valued, which leads me to believe that JD is under rated.
JD.COM ($JD): China's COVID Numbers are Down; is it Time to See ✨ New charts every day ✨
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JD.com specializes in online shopping, and it has been showing real strength during COVID. Despite annual earnings being dismal, revenue has been growing.
JD.com is likely a good long play for a few reasons: 1. JD is competitively valued based on its growth compared to Alibaba and Amazon, 2. JD.com is seeking a listing in the Hong Kong market, 3. JD.com has likely done well in terms of earnings under COVID, and 4. ultimately, because the chart is bullish.
Despite all of that positivity, there is cause to look for a pullback. JD just tested resistance and there could be room for some pre-earnings / earnings volatility. The idea here then is to buy any pullback from earnings and take a long position.
Resources: www.marketwatch.com + finance.yahoo.com + www.earningswhispers.com
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1. Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour chart.
2. With this strategy, we we want to enter long on bullish order blocks plotted by Orderblock Mapping (Blue) and bullish S/R levels plotted by Directional Bias (Blue).
3. Our goal is to buy a pullback to S1 either before earnings or during volatility caused by earnings.
4. Our target is currently unknown and such this may be a buy and hold situation with Fractal Trend indicating a changing of trend(bar color) being the exiting factor if we soar past those all time highs.
5. Other areas of interest include S2 and S3. These levels may act as support if for any reason the current uptrend can't continue.
Short term trade idea - Short JD $JDI am shorting JD.Com on this daily TD sequential 9 and there is a monthly 9 as well.
technical indicator are turning bearish too.
JD Bear trap ideaPotential bear trap in the way the Fibonacci line has a very tight price range between Fibonacci lines.
Leaving support resistance zones kinda indistinguishable
Risky buy
JD is a short bearish RSI diverganceRSI bearish divergence. Coronavirus issues will affect sales in china and I expect q1 earnings to be affected at a minimum.
Do your own DD, this is just my opinion.
JD Sets ConsolidationProfessional Traders are creating a consolidation for JD at a long-term bottom completion level. Heavier-than-normal large lots are on the buy side based on Balance of Power Indicator patterns.
JD Symmetry JD has formed a falling wedge, which has sparked a bull run leading to the formation of a diamond top with a double Adam structure, consequently this top created a bearish run pushing the price down to ~ $19, since then a bearish ascending wedge has formed, this may induce a movement similar to that before the falling wedge, indicated by purple fractal. Some beautiful symmetry.
JD on rising wedge..?JD is forming a rising wedge or am I wrong..
I am in the learning phase..
Thx for your input.
November End Target $34+Low trading volume is the concern
Decent economic data and @BABA listing in Hongkong should promote more optimism for JD (Perhaps next in line for listing)
La 5ta es la vencida para JD?Nuevo intento contra los $32 dólares para liberarse al alza. En los últimos días superó la TL bajista que trae desde el 2018, pero no mostró la fuerza que se requiere para confirmar ese quiebre, quizás aparece ahora en la RESISTENCIA de los 32.
En caso de superar, debería buscar rápidamente los 34.9/35 en principio. Hacia abajo, mientras mantenga los 30.80/31 sigue en carrera, si va más abajo, la ruptura alcista podría esperar un tiempo mayor, con potencial recorte hasta la zona de 28/27.50.
Los indicadores acompañan pero no adelantan nada por ahora. El volumen deberá aparecer pronto para allanar camino al alza.
