013A trade ideas
Has JD Drank all the Jack in the Bar?JD.com running a bit low on energy, currently walking the short term bear channel down to the longer term bull channel in play. Watching for price to break below purple line at which point the bull channel should resume. Overall longer term channel appears to be fairly responsive to price action through this point. Watching for price breakouts above the purple line, but not a lot working as of now.
JD Hardcore Elliot WavesApplied complicated Elliot Wave to predict how JD might perform recently. There is another possible 19% falling room for it to complete the impulsive C wave, so I am not in a rush of buying in yet. Keep an eye on JD(HK: 9618) for cross-listed pricing, so you don’t miss the chance of buying the e-commerce tycoon.
JD over 86.70Weekly chart looks strong, with a reclaim of this channel it should retest the top in the coming weeks, targeting the 102.00 area based on fib and price action resistance.
JD.com inc earnings surpassed the estimate by over 1000% 2 major points why i am adding JD to my long term portfolio
1- China attack aginst alibaba, will give more market share to JD
2- earnings surpassed the estimate by over 1000% ... heavily underpriced stock!
3 -Price To Sales Ratio 1.08 ( 1-2 is good , 0-1 is excelent)
4- Price To Book Ratio 3.87 - (0-1 excelent ,1-3 ok )
$JD with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $JD after a Positive over reaction following its earnings release placing the stock in drift B
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JD is getting ready to shoot upJD (JD.com) is currently forming a bullish divergence on the BlueWave + its oversold RSI. Big players are betting on it 2.3 Million calls. This stocks is down 7% today, which makes it discounted nicely.
Long JDClassic bullish divergence on the 4H. Using a tight stop, and also, the regulations in China should be taken into consideration. In spite of that, I see a great opportunity for a swing trade and also a long term position.
JD.com H&S Short itBounced off conformation line yesterday, let's see if a sell off today will give the nudge
50MA Conformation line -yellow line
1st target 88.60 (Redline) which is also where Fibonacci support and 100 day intersect. if it bounces off of 88.60 or near that area I will be closing my positions.
2nd target is channel bottom at around 86$
Entry - if its across conformation line 93$ or less
Stop loss at 94$
Closing position today
Double gap fill $JDshort w bearish pa aim for both gaps, take profit on large dips, possible a gap up and fade, i will update
JD Swing PlayIt's hovering over the lower BB and support area 78.15 and RSI is indicating oversold. PT = 87.5 and Stoploss 74.9.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
