$JD recap. can't believe it has bottomed so fastRecap from earlier post..I was expecting JD to take minimum 6 months to a year to bottom. can't believe how fast it has closed the gap already.
013C trade ideas
JD LONG !!! Following the uptrend channel since 20$JD has been following the uptrend channel like a Boss !!! Weekly clearly shows how it is going to maintain the channel and ride to 40$
Also the 50 and 200 day EMA crossover is going to happen soon which is highly bullinsh.
Wait back for some pullback, buy more and ride the uptrend.
I would keep a conservative next target of 32$
Some key highlights of JD (source- google)
For example, JD's top investors are Tencent (NASDAQOTH:TCEHY) and Wal-Mart (NYSE:WMT), which respectively own about 20% and 10% of the company. Tencent owns WeChat, the most popular messaging app in China, while Wal-Mart operates over 400 stores across the country. The three companies now pool their user and customer data, offer mutual discounts, and accept payments with Tencent's WeChat Pay
But that's not all. JD also recently integrated its e-commerce features into online search giant Baidu's (NASDAQ:BIDU) app, and invested in flash sale site Vipshop (NYSE:VIPS), which ranks a distant third in the Chinese e-commerce market. Simply put, Alibaba has more market clout, but JD.com has more allies
The key takeaways
JD is a volatile stock and isn't for queasy investors. But it also should never be dismissed as a "second-rate Alibaba", especially when its growing market share, expanding ecosystem, rising revenues, and improving profitability suggest otherwise.
JD.com (NASDAQ: JD), China's largest direct retailer, recently partnered with Japanese e-commerce giant Rakuten (NASDAQOTH: RKUNY) to launch an unmanned delivery service in Japan.
That's why JD is buying back its own stock, and why Tencent (NASDAQOTH: TCEHY), Walmart (NYSE: WMT), and Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google all hold stakes in the company. It might be smart to follow their lead
We expect NASDAQ: $JD to pullback before BREAKING HIGHER!We expect NASDAQ: $JD to pullback before BREAKING HIGHER!
I would call this a NO TRADE ZONE right now. Sit back patiently,
and let the trade come to you! ~ www.TopMarketGainers.com
JD next stop 29$I guess it should retrace back a little to 25$ range and then carry on the upward path to 29$. This is surprisingly moving fast so I would see a nice 20% growth soon.
4hr and Daily chart suggests the crossover of 50 and 200 EMA. Also a nice bounce from Ichimoku on the 4hour suggesting a nice support and faith in the stock. JD is a big company and US China deals may lift it up to where it really belongs ie 40$ but i would not be greedy and pull out at 30$ to be honest.
PS. not an investment advice
JD.COM INCJD.COM INC Trades using Blue Sky Plus Indicator. Message or Comment to get a free trial of the indicator.https://www.tradingview.com/script/lqS4a5pU-Blue-Sky-Plus-Day-Positional-No-Repaint-with-Alerts/
JD.com jumps over 13%The e-commerce firm JD.com jumps over 13% aided by the reported 22.4 per cent rise revenue on the fourth quarter. Watch-out the key resistance levels $32.24 and $35.33
JD Long. Next target 27$ and aboveTrade deal with china is good. JD earnings coming up in a couple of days too!!
Reasons i am going long:-
1) Nice uptrend channel on the daily and 4 hrs and weekly. Really Bullish. As long as it is in that channel, I wont have any problems
2) Its at 25.95 which means it broke the current important resistance. I consider it important as the last time it broke the resistance, it happened during tha 50 and 200 ema crossover. It may happen again at the same level !! After tht JD went to an all time high of 52$. 5)
3) Ichimoku is clear
4) Trade deal is good with china. That doesnt mean anything but i believe trump is an amazing businessman and he wont let any opportunity slip out !!!
5) Volume has been almost at all time high
JD - Long Into Earnings- Options for this week are implying ~7% move in JD.
- I think this swings to the upside - recent momentum, BABA movement post earnings, continued press around ongoing trade discussions
- A break above $26.44 would fill the September gap down
$jd dont neglect the power of psychology in the market!I am more of a trend wave trader, but if the shoe fits so be it! Nice Elliot wave pattern forming.
$JD Riding Trendline Support - Breakout Above $25.50$JD Riding trendline support on the daily chart - monitor for breakout above $25.50.
Near term target - $28.00 (200d ema line)
Note - Informational analysis, not investment advice.
JD: After a long 5 wave down, JD has recovered with a Leading Diagonal which is close to completion. A typical 73.6% retracement should follow
JD.com - completed H&S bottomBeaten down JD.com finally completed its double headed H&S bottom. Proper volume for the shoulder and heads with decisive price action on breakout. Would have liked to see more volume on breakout. Earnings is one major factor that can ruin the trade in one day.
JD getting ready to launchJD looks ready to move higher. Looks ready to break higher to me. Retested and recovered the lower trend line, TSI above zero, Stoch moving out of oversold. 4hr chart shown, but price is above significant MAs.
JD getting ready to breakout towards $30?Similar to other Chinese stocks, JD has been beaten down over the last year. However, it appears she wants to push higher out of this downtrend to a potential target of $30 per share, or the 200 day sma. I like $29 per share first since that's 1/3 back on the big weekly sell off.
The weekly chart:
Earnings are on March 3, 2019 according to Trading View so buying might occur leading up into the report.
My plan is to enter $25 March calls for $1.40 stop limit with a stop of $0.40. Risking $200 so 2 contracts. I like where the stop is placed just below all the bullish candles that had similar lows. If JD does break out, I will look to take half off at $29 per share and trail the remaining contract.
Cheers!
JD.com - H&S BottomA double headed H&S bottom formation is almost completed in JD.com after a long decline esp. in chinese stocks. As usual, high volume on the two heads and lower volume on the right shoulder. Just need that decisive upside break on high volume.
