JDCO34 trade ideas
JD setting up for a big short Still early in the process but I think JD will be setting up for a great short. Topping process should be a multi-month process and will provide confirmation before taking an entry.
JD Long Swing Trade for Week of 7.26JD looking like it wants to see some bullish action this week.
Would need the MACD to cross on the 4hr to confirm; price breaking 61.10 would
be when I would enter the trade.
Targets:
Target 1: 61.60
Target 2: 62.25
Target 3: 63.00
Target 4: 64.00
Target 5(extreme 1): 65.00
Target 6(extreme 2): 67.00
Stop: 60.00
Best of Luck,
--d0x
$JD ascending triangle #bullish #breakout on weekly #chart$JD stock price has traded around the 35.50 level for the past 5 years (dotted black line) and this level has been resistance from 2015-16 to support between 2017-2018 and then resistance again since mid 2018
After last support break the stock price drifted lower until it bottomed around 19.20 levels after the DEC'18 selloff
Since then the price has formed a nice ascending triangle from which has broken out in late DEC'19 after the announcement of Phase1 Deal between US and China
Volume is not yet what I would like it to be, but MACD and RSI have both sustained the move up
Targets are:
T1 - former JUN'18 high before the last leg down at 45.23
T2 - measured move from the triangle breakout at 51.74
Good luck,
TA
JD - opportunity to stake for a swing upAfter a few days of correction in the markets, we are starting to see technical "values" emerging. JD tested the 50% fibonacci retracement support @ 59 this morning, forming the 2nd bullish candle within 3 days. The bullish divergence between price and stochastics is also getting apparent.
Long @ 61 for a short term swing up to 69 (initial target) with an initial stop @ 59.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
JD.com: Pullback in Chinese Momentum StockThis one is short and simple: JD.com just had its first decent pullback since it started running in May.
JD has a few things going for it. First, the Beijing-based e-commerce stock spent almost all of June consolidating on either side of $60. It ripped over that level after the Independence Day weekend and has now retraced that surge. Will the old resistance zone around $60 become support?
Second, JD has tested and held its 21-day exponential moving average (EMA). The last time it did that was way back on May 6.
Third is the relative strength . Money has streamed into Chinese technology stocks because of changes in global indexes and a quicker recovery from coronavirus.
$JD Oversold at Support$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 in a potential swing tradeJD.com remains China's biggest online retailer and if there is nothing that we learnt from COVID, online services are the few strongholds left for a safe return of investments. All around China, a revolution is occurring as traditional retailers are going bust due to high rental prices with poor sales. This coupled with ridiculously efficient delivery services that expedite online retailers to flourish when people do not really want to go to crowded malls.
In the likes of this significant shift in behaviour, brick and motar businesses are all suffering from the consumer lethargy caused by the pandemic. Online retailers with the likes of Amazon, Alibaba, JD e.t.c especially retailers with a profitable logistics system have completely taken over due to a shift in consumer behaviour. Even when COVID disappears, this onine shopping habit will already be reinforced and I foresee that habit never returning back to the 90's.
COVID has clearly accelerated all businesses who are heavily IT-dependent. When you combine that with lifeproducts, essential services, and entertainment rolled into a single platform, I do not think it is going to fail anytime too soon.
flat bottom potential long postitionpotential long position at the bottom of the triangle is recommended.
JD Aroon Indicator entered an Uptrend on June 22, 2020.Over the last three days, Tickeron A.I.dvisor has detected that JD's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 263 similar cases, 233 of which were successful. Based on this data, the odds of success are 89%.
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.
JD.COM to enter rest level soonI would create alert at daily support zone. Hope JD comeback so that I can join once again.
$JD:NASDAQ - JD.COM - Making Higher HighsJD has been consistently ticking away making new highs. 21% trailing sell would have kept you in over the last 18 months with only one exit and re-entry required. 16% would have kept you in over the last period. Couple of brokers have suggested a recently revised target of $70+. Might be worth a watch.
JD.com, Inc. is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the following business segments: JD Mall, and New Businesses. The JD Mall segment represents its core e-commerce business. The New Businesses segment includes logistic services provided to third parties, technology services, overseas business, insurance and O2O. It also provides an online marketplace, whereby third-party sellers sell products to customers primarily through its websites and mobile apps. The company offers advertising, logistics and other value-added services. JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.
JD.com keep going upIt doesn't make sense to me either but that doesn't seem to matter in this market.
