013C trade ideas
It's opposite day for JD vs BABA comparisonInteresting twist of fate in newsworthy current events: JD gets good news & BABA gets bad news overnight.
Beijing-based JD Health on Wednesday began taking orders for a $3.1 billion to $3.5 billion IPO, according to a term sheet seen by The Wall Street Journal. With Ant’s listing delayed, this would be Hong Kong’s largest IPO this year. JD Health said it runs China’s largest online pharmacy by revenue, organizes medical bookings and offers online consultations with doctors. (The Wall Street journal)
Alibaba online shopping apps, alongside 43 other Chinese apps, have been blocked in India, Bloomberg reported Tuesday. The e-commerce apps affected include Aliexpress — which focuses on foreign shoppers, and Taobao Live — a live-streaming shopping website. (Bloomberg)
I'm personally long both JD & BABA, but it sure seems like there's been plenty of speed bumps along the way. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue & Earnings
Debt / Cash
Book value, assets
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
www.tradingview.com
TradingView links:
www.tradingview.com
www.tradingview.com
JDGROWTH: (info from barchart)
1-Year Return 175.94%
3-Year Return 128.77%
5-Year Return 207.04%
5-Year Revenue Growth 347.07%
5-Year Earnings Growth 143.31%
5-Year Dividend Growth 0.00%
Next Earnings Date 11/16/20
JD.com is an online direct sales company in China. The Companyoffers a selection of authentic products. It offers computers; mobile handsets and other digital products, home appliances; automobile accessories; clothing and shoes; luxury goods including handbags, watches and jewelry, furniture and household products; cosmetics and other personal care items; food and nutritional supplements; books, e-books, music, movies and other media products; mother and childcare products; toys, sports and fitness equipment; and virtual goods. JD.com, Inc. is based in Beijing, China.
92.75 buy stop limit order.
85.33 stop (8%)
ready to break out of triangledidn't break out the way i wanted it to last week. keeping an eye on the daily for a higher move up.
$JDEntry price : 86.95
Fundamentals :
- Sector: Retail
- EPS % Chg (Last Qtr): 72%
- 3 Year EPS Growth Rate: 50%
- EPS Est % Chg (Current Yr): 62%
- Sales % Chg (Last Qtr): 36%
- 3-Year Sales Growth Rate: 23%
- Annual Pre -Tax Margin: 2.0%
Bullish / Watchlist: JD Consolidation ZoneLooking for GP2 to hold and consolidation to continue bullish movement.
JD is good for the long rermJD is repeating the pattern the happened in JUL so if the price breakout the triangle the target is 104
Look at the volatility in JDThis thing looks like it's getting ready to blow and the path of least resistance is probably up amirite? What's going on with all these gaps?
JD 11/20 target $95JD 11/20 target $95. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action
Volume average
Trend momentum
Current events
Revenue & Earnings
Debt / Cash
Book value
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO
Lack of planning & discipline
Forgetting restraint
Repetitive errors
7 Important tools:
Trading View app
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books
Brokerage UI
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
www.tradingview.com
