JD Alibaba's valuation seems to be jeaded towards some form of rationality. JD might very well follow. About time these dumb stocks get valued properly.....
JD gonna be looking for high volume quick recovery back into 32 and above after touching the 30 buy zone, that will validate the trading range and see rally to 40 for August earnings, should be on track to 45+ before year end.
JD Chart not is looking good, this just can be changed if the company decides to stop the war prices in the new business model. Basically the company is selling services below the operating marging to get quota and that is erasing the profits of his core ecommerce business so the overall net profit will be damaged...