JD wait for 82 to buyMonthly
Uptrend
Weekly
Uptrend
Daily
Wait till correction ended
Open 82 SL 75
TP 92
RR 1.7
JDD trade ideas
Possible date for $JD reaching potential 126.84 price level Based on previous upswing within a price channel. JD may reach 126.84 by Dec. 14 2020 if:
-it breaks back into the price channel
-closes above the bottom channel and stays within the channel
*may hug bottom of the channel before moving up
**if doesn't break into the channel, then may range sideways before moving up (if this happens the channel & potential scenario is no longer valid)
be patient. Soon you will reach an attractive areaThis upward trend is very harmonic , and has no obstacles to continuity, it is prudent to expect a regression to the center of the oscillation
Range break for $JD around earnings 11/11Highly likely to break up within next 5 sessions --> before or after earnings? Or will election have larger impact?
The story of a trading range breakout told on $JD dailyAn interpretation of the underlying actions of market participants & what these actions signal.
be patient. Soon you will reach an attractive areaThis upward trend is very harmonic, and has no obstacles to continuity, it is prudent to expect a regression to the center of the oscillation
**11/13 MARKET RECAP** $SPY $AAPL $NIO $JD $BA $BYND $SNE Recap of todays FIRE trades AND what 11/16 could look like.
JD oversold bullish reversal Williams %R Oversold Bullish Crossover:
JD is currently oversold, and momentum is showing signs of a trend reversal.
JD already gapped up above support, expecting JD to hold support level and run up towards ATH
$JDPosition :
Entry price: 87.12
SL: 81.46 (-6.5%)
TP: 384.00 (+19.4%)
R:R: 3.
Fundamentals :
Sector: Retail - E-commerce
EPS % Chg (Last Qtr): 52%
3 Year EPS Growth Rate: 47%
EPS Est % Chg (Current Yr): 59%
Sales % Chg (Last Qtr): 30%
3-Year Sales Growth Rate: 25%
Annual Pre -Tax Margin: 2.0%
Technicals
Cup with handle breakout
JD.com analysisBuy levels: Over $92.75 and $90 and $86
Resistance levels: $92.75 and $92.5 and $93.96
Support levels: $92.17 nd $90 and $86
Cut loss: Under $86 Strong support
Earnings date: 11/13
Estimated move: + 5.6578%
Price targets: $93.96 and $95 and $97
Analysis: JD is trading in a weekly uptrend in an ascending triangle(bullish pattern). With singles day coming up in China and expected sales numbers to boom, JD.com can be a perfect run up play going into earnings. (More in depth technicals in video)
Chart link:
China stocks look like a safe haven pre-electionJD is breaking out here. We also have a cup and handle:
And here's what the Chinese internet ETF (KWEB) looks like:
JD looking strongLike the look of this break of range. A pull back or flag into the 85/86 area
is preferable.
$JD Cup & Handle / Bullish Pennant$JD is forming a Cup & Handle with a bullish pennant as the handle. This pennant presents an ideal place to accumulate $80 & $83 before breakout.
I am currently in $JD $80c December average $6.
Will it breakout?!?barring continued fear of future IPO issues with the Chinese Govt. we should see a breakout to the upside at $84.40
JD Cup and Handle Ticker $JD is forming a bullish cup and handle pattern on the 15 minute chart. It is predicted to break out of the pennant (handle) on November 4th, now this isn’t guaranteed to breakout at that point, however, watch out for it coming anytime soon. If it does breakout during these volatile market times, you much make sure that the top of the handle acts as a support line for the candles so that you don’t lose money. Risky play but could end up very bullish.
JD Setting UpJD is putting in a little cup with handle continuation pattern. Wait for a breakout with strong volume to go long.
Cup + Wedge handle, 3wk consolidationNot pretty but the combination of a rounding bottom and wedge "handle" has been a reliable pattern in the past. Looks primed for a big move over the fib resistance at 83.41 due to consolidation with declining volume. Pre-earnings run up is a potential catalyst.
JD looks ready for another leg upJD has formed a rising parallel channel and a cup and handle chart pattern. A breakout to new ATHs seems very likely here.
