JDCO34 trade ideas
JD.comJingdong Retail Group, Jingdong, JD .com is a Chinese e-commerce and e-commerce company located in Beijing. Is one of the largest B2C companies in China. JD has over 441 million active customers, providing a one-stop shop for a wide range of products. JD's platform also enables local and international brands to enter the Chinese consumer market.
In the third quarter of 2020, JD .com provided a report that revenues reached 174.2 billion yuan, an increase of 29.2% over the same period last year.
I was very impressed with their report. JD is growing across the board. Their average growth rate for 5 years is 39%, for the last 3 years - 30%. JD .com shows no signs of slowing down. Despite its size, it's just amazing.
Global e-commerce sales are expected to grow 55% over the next 3 years. The combination of China's growing economy, e-commerce expansion, and JD's growth rate is the recipe for stock growth over the next 3 years.
Where does it go from here?Up an unusual 5$ premarket from news of It being added to Hang Seng index. Alerts set to see if this is a true breakout . Entry 102 . stop loss 100
Watchout for 100 RN resistenceIn a nice uptrend. But, will wait for 100RN resistance to cross before going long.
19 Jan 2020 : JD Buy CallBreakout
4 SB
Trendline exist
SnR exist
Stochastic golden cross 10 3 3
SL 87.6
TP 93.5
JD is poised to break the counter trendline and bounce ! JD is poised to break the counter trendline and bounce ! JD is squeezed in triangular pattern and is likely to break above after hitting the -27% fib retracement target where the spike down is. If we are going to see a breakout of the counter trendline, it indicates more upside could be there !
JD wedge & resistance zoneWedge breakout will take it to the supply zone above. If it can breach that expecting it to trade along the .382 channel upwards. First PT $96 if it does, will reevaluate at that stage
JD is still in correction. Gap filling might occur! JD is still in correction. Price is retesting the key 61.8% fib retracement and graphical pullback support. Gap filling might occur before a potential bounce, so better to put stop loss below that.
JD 105 CallsSwing: 2 months out
Option: Call 105 call March 19th exp. @3.75
Take profit: +$10 increase from $92 to $102 (10% gain)
(check option value on March 1st)
JD - 100 is the magic number?Hoping JD can get to 100. It will eventually, just hoping it happens in the next two weeks.
I am trying to buy the Jan22nd 95/105 call vertical plus selling the Jan15th 101c. Order is for .85, if it fills.
JD pinbar bounce on the 1 day chartYou can see that the last two days we had the pinbar searching for a bottom, and this morning it is showing that it has bounced and is back on the rise....should be a strong day(although Fridays can be volatile so be sure to have a plan and be watching.) Should show strength into next week as well. I personally won't be holding over the weekend due to the current state of the world, but you make your personal decision. Good luck and have fun traders!
JD could make limited pushdown towards our pivot level! JD could make limited pushdown towards our pivot level, where the 61.8% fib retracement is. MACD is also showing that this bullish trend could enter a period of consolidation.
jd has limited short term potential to go up1. Daily chart shows potential to run out of energy and will have a retracement any time soon.
2. The risk to go short is that price consistantly holds at 50ema. It will have a retracement from 87.90 to 83 (50 ema).
3. Once 50ema is broken, it will go to 70 which may hold around 200ema.
4. 15 mins chart looks different. It has potential to go new high which is 92.88 if the down pressure line is broken.
It gives a quick long if it retests down pressure line and entry around 90. Target should be 105 if enter this high.
5. Will trump's ban on couple chinese companies have impact JD next week? We have to watch.
Overall JD only offers very limited potential and higher risk of going downside. 70 will be a long term buy price given
china index goes very bullish recently.
$JD | Bull Channel Breakout and Bull Flag$JD formed a bull flag after breaking out of a bullish descending channel.
Look for longs
JD 15-12-2020 LongAsset and Time frame -JD,1H
Entry Price -80.3884
Exit(Stop Loss) -84.77
Exit(Take Profit) -78.91
Technical Analysis -On the daily chart price is making a correction, and on the hourly chart price stopped at the support line and on the parallel channel trend line, if you want a better entry, wait for a second confirmation(another bullish candle) on the hourly chart
I would like to hear your opinions and what can I do to improve, many thanks
