JD.com Finds SupportJD started to retest the bottom lows, but it has bounced off of higher support within the bottom. There is mild hidden accumulation at this price level.
JD
#jdintosupportafter a nice double bottom on the daily chart and a move higher, jd pulling back into the .5 fib and the daily 200 as a strong support. nice place to go long with a nice risk to reward. #buythelow
JD broad range. Potential upside.JD.com, the Chinese equivalent of amazon is at the bottom of a broad channel. It will be interesting to see what spy does in coming days as this could be a good R&R opportunity. Potential upside 25%.
My Daytrading watchlist for May 6 2019 (JD)Starting today i will publish my trading ideas and stock watchlist, i am a new day trader so please do your own analisys and trade at your own risk.
As i am starting today I will provide Tech analisys for only one Stock but i think it can work.
Today NASDAQ:JD its breaking its trendline/support on the Daily chart, it is a nice setup and we can go short to the next support that is the 200SMA, Spy its selling off, so i will wait the first 5-10 mins out of the open before opening a position.
Good Luck!
My advise its only for educational purposes!
JD.com Tests Resistance LevelJD is now near completion of its intermediate-term round bottom formation. The resistance above price is weak with adequate upside potential for a swing or day trade. There has been intermittent quiet accumulation during the bottom formation.
Arrows say it all.... hopefully JD oooooooooo JD are we creating a cup n handle? because it really looks like were creating a cup n handle short term Flag forming will drive price to 33 to finish the cup but then quickly turn after earnings on the 8th to start the handle formation bring the price to around 24 and a 22 for an extended correction wave. Obviously like most patterns this could be rejected and turn into something else but i like to think this plays out :)
White lines are resistance and support aswell as the fib lines being support for the handle.
overall view of past year
yellow lines are for the previous trend breakdown of the triangle but can be used as trend resistance/retest. It looks to have hit target if we played that previously (which I didn't) just showing it since it played out in purple.
If the cup and handle DOES end up forming correctly we should see a growth to a range of 45 and 46 doll hairs within the coming months shown in the white boxes.
enjoy everyone remember play whats already in front of you so the flag first flag breaks out play the head and shoulder top if it forms etc etc.
careful trading everyone and lets make this bread bread
Leroy out!
oh yeah and if the Cup n Handle fails I expect something of this nature because the volume in the middle of the dish has me a bit worried that this is a false pattern.
Long JD.comJD is strong and has a lower resistance level at 29. This is a good Opportunity buying, as long it is above 29.
JD.COM - adding to my positionLike I said previously, I was looking to add to my position. I did that today.
I will think about selling 1/3-1/2 of my holding between $33-37
JD Pennant formation Watching for a break of the trendline. Ideally, we get more consolidation first
JD long setup If price can push on volume through resistance, will look for an entry targeting the $33 area. Only 7% short float so keep that in mind NASDAQ:JD
JD Ascending trendline. Good buy opportunity.JD is currently trading at the support of an ascending trend line. If you're looking for an entry now would be the time if you expect positive growth in the future. A break of the bottom trendline could suggest the start of a bear cycle.
$JD recap. can't believe it has bottomed so fastRecap from earlier post..I was expecting JD to take minimum 6 months to a year to bottom. can't believe how fast it has closed the gap already.
JD LONG !!! Following the uptrend channel since 20$JD has been following the uptrend channel like a Boss !!! Weekly clearly shows how it is going to maintain the channel and ride to 40$
Also the 50 and 200 day EMA crossover is going to happen soon which is highly bullinsh.
Wait back for some pullback, buy more and ride the uptrend.
I would keep a conservative next target of 32$
Some key highlights of JD (source- google)
For example, JD's top investors are Tencent (NASDAQOTH:TCEHY) and Wal-Mart (NYSE:WMT), which respectively own about 20% and 10% of the company. Tencent owns WeChat, the most popular messaging app in China, while Wal-Mart operates over 400 stores across the country. The three companies now pool their user and customer data, offer mutual discounts, and accept payments with Tencent's WeChat Pay
But that's not all. JD also recently integrated its e-commerce features into online search giant Baidu's (NASDAQ:BIDU) app, and invested in flash sale site Vipshop (NYSE:VIPS), which ranks a distant third in the Chinese e-commerce market. Simply put, Alibaba has more market clout, but JD.com has more allies
The key takeaways
JD is a volatile stock and isn't for queasy investors. But it also should never be dismissed as a "second-rate Alibaba", especially when its growing market share, expanding ecosystem, rising revenues, and improving profitability suggest otherwise.
JD.com (NASDAQ: JD), China's largest direct retailer, recently partnered with Japanese e-commerce giant Rakuten (NASDAQOTH: RKUNY) to launch an unmanned delivery service in Japan.
That's why JD is buying back its own stock, and why Tencent (NASDAQOTH: TCEHY), Walmart (NYSE: WMT), and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google all hold stakes in the company. It might be smart to follow their lead
We expect NASDAQ: $JD to pullback before BREAKING HIGHER!We expect NASDAQ: $JD to pullback before BREAKING HIGHER!
I would call this a NO TRADE ZONE right now. Sit back patiently,
and let the trade come to you! ~ www.TopMarketGainers.com
JD.COM INCJD.COM INC Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
$JD Riding Trendline Support - Breakout Above $25.50$JD Riding trendline support on the daily chart - monitor for breakout above $25.50.
Near term target - $28.00 (200d ema line)
Note - Informational analysis, not investment advice.
JD getting ready to launchJD looks ready to move higher. Looks ready to break higher to me. Retested and recovered the lower trend line, TSI above zero, Stoch moving out of oversold. 4hr chart shown, but price is above significant MAs.
JD GOING FOR THE COMPLETION OF THIS HARMONIC PATTERN?JD has made an higher low on this last price action. If the price holds this level i'm expecting one more wave up to complete this harmonic pattern. Bullish divergence on 4h chart.
JD.inc Long IdeaHi guys ! Post my recent idea for a long position at JD.com. Technicaly the Vortex Index tends to crossover because -VI reached high oversold levels and it is a solid signal for a trend swing. Also the bottom bollinger points no further breakout. Also ADX tend to find a direction. From a fundamental scope the recent Trump- Xi "deal" could boost the stock and trading for higher prices . My target is at 36$, whats yours? Hope you find it usefull
JD: Earnings Stock of the Day JD.com has been in a downtrend since it topped early this year. This weekly chart shows why it is no longer an ideal sell short. The stock has declined steadily, losing more than 50% of its price value and JD is now at a support level that is strong, where buyers are likely to start moving in. At this time, a sideways pattern is likely, or a bounce up today if earnings are showing growth and stronger revenues.
JD long due to double bottomWanted to publish this prediction yesterday, but did not have enough time. Looks like we see double bottom, so stay in "Long"!
