JDCO34 trade ideas
Watching JD!!The chinese Amazon bounced of big support. Watching for longs. I like the stock--fundamentally and technically
JD is picking up steam and looking strong today!Tried publishing the 5 min chart as it's displaying a beautiful bull flag but can only publish with minimum 15 minutes.
Long June 22 37.5 calls so very happy today!
$JD breaking out of YTD wedge formation? After breaking some longterm tread lines yesterday, JD.com showing some redemption today. Going be the final bottoming of year-to-date wedge formation and could now push higher. July and September $40 calls popular last week. Volume drying up, and RSI shows possible inverse H&S pattern ready to move up.
$JD Descending triangle b/d. Good to short.Descending triangle b/d in DTL. 5dma/10dma death cross. MACD convergent. Good to short.
Bilateral pattern on JD: Ready to gain $10 or lose $10?JD is facing a critical point over here. After a disappointing result in Q1 (due to heavy investment on AI, logistics, etc.) JD was heavily punished by the market. There is a signal of recovery over here with a bullish divergence. The descending triangle has two opportunities. Further down movement or breaking through and moving up again.
Target upwards: 45
Target downwards: 25
Following this one.
-- Just personal doodles, no financial advice --
Buy the dip on JDJD has bounced off 36 three times before. Opportunity to buy the dip after earnings.
Looks like JD is on the down trend finding bottomAfter series of higher high and higher lows, JD is declining with lower high and lower low. Are we near the bottom?
JD oversold, long into ER JD is oversold. MACD should turn over and RSI should rebound heading into 5/9 earnings release.
Bullish GartleyJD, Set buy limit order with other cancels other for target/stop, still learning.
Position Size: 5% risk for 10k is 25 shares worth $900.
Buy Order: 36.00
Target: 40.00
Stop: 34.00
Time Frame: June 1st
Potential Gartley PatternIf the Gartley pattern completes, it is a very high probability reversal pattern. Check the related ideas for accuracy.
The plan of trading JDI guess there is a lower open tomorrow, the bright green line is good for put position entering, but you need to consider the purple line, like what i draw on the Chart.
JD, Daily chartJD.com is the world's leading company in high tech and AI delivery through drones, autonomous technology and robots, and possesses the largest drone delivery system, infrastructure and capability in the world. It has recently started testing robotic delivery services and building drone delivery airports, as well as operating driverless delivery by unveiling its first autonomous truck
Using a CLONING technique share by @nmike, an original channel is drew as shown. After that, an identical channel is being cloned and STACKED above the current channel for potential future price movement, which is to be validated in 3-5 years.
A target of ~125 is forecasted which we do not know whether it will happen or not.
Disclaimer: This is NOT a suggestion to buy/sell and this post only serves as analysis and research work at best
