Intraday Trade Idea: Buy JD.Com - Gap FillFor intraday traders only.
Levels on the chart.
Last: $88.21
013C trade ideas
JD Buy - Strong momentum continues
Assigning a 80% of win rate for the next 20%+ return in near term (will judge if that's more to go until it reaches the point). It should hold until it is broken (below the curve). What is more encouraging is the meaningful breakthrough of the upward triangle as well (with trading volume on Nov 18 and Nov 19 moderately larger than the previous trading volume over the past few weeks).
In short, both the (i) cup and (ii) triangle pattern set-up with meaningful market trading volume suggest a near-term bullish signal/opportunity. Please check my previous chart analysis on JD as well.
JD Buy - Strong momentum continues
Assigning a 80% of win rate for the next 20%+ return in near term (will judge if that's more to go until it reaches the point). It should hold until it is broken (below the curve). What is more encouraging is the meaningful breakthrough of the upward triangle as well (with trading volume on Nov 18 and Nov 19 moderately larger than the previous trading volume over the past few weeks).
In short, both the (i) cup and (ii) triangle pattern set-up suggest a near-term bullish signal/opportunity. Please check my previous chart analysis on JD as well.
JD.com Analysis 19.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
JD - Bullish Trend Mid to Long Term JD had recently hit double bottom and the trend has been reversed from bearish to bullish. As long as JD doesn't break below the inclining support line, we'll be in bullish trend. Also it recently hit resistance level, we might see some pull back to hit the support trend line, before breaking out big.
JD is on a path to $88.86 in the short termI am bullish on JD in the short term based on the following:
20th Oct - 8th Nov - JD had 3 waves down; and on the 8th Nov, it found support and closed above a key level. After 3 waves down, based on what I have seen, there is usually a change in direction.
9th Nov - A bullish inverted hammer candle was formed and it closed above $77.05.
10th Nov - I entered a long position based on the aforementioned items, in addition to the formation of the StochRSI and the break of the static horizontal level on RSI.
My strategy dictates, after back testing, that i take profits, four levels up from my initial entry, which will be @ $88.86.
Thank you for your time.
JD set for further drops. JDWe are not excluding a possibility of an interim rise, but that will not last. We have much potential to drop on this one. Appearances can be deceiving.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
JD - Long options into November 19thThis is aggressive and short term.
First target is 86 at the run up to earnings and potentially higher. I'm in Nov19 options, much safer would be to use shares with a stop under 78 with a main final target of 90, but longer term this chart is beautiful and I'm expecting all time highs within the next 18 months.
The retest of the 80 area is a perfect .5 fib retracement and price action since then has been supportive.
JD trendPossible outcome? the can follow the trend and fill in the lower gap. If in bounces off the bottom channel then a buy to the up trend line is hella POSSIBLE.
Any thoughts?
JD.com Analysis 28.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
JD is a strong Chinese !?On the monthly TF, absorption has formed, the price bounced off 21EMA and pivot. On the weekly TF, the price is potentially forming a "cup and handle" pattern; upon reaching the level of $ 105, a correction to $ 90-95 is likely.
Goals: $ 95/105
Inverse Head and ShouldersComplicated H&S with two heads with the second head being higher than the first one.
Possible bearish W pattern/I did not measure? but seems to have pulled back forming an ABC bullish pattern as well as the inverse head and shoulders.
There is a GAP under price. Uptrend noted. Price has broken the neckline and awaiting a confirmed uptrend.
No recommendation.
The inverse head and shoulders pattern is characterized by three valleys (the upward head and shoulders have peaks), with the middle valley being the lowest.
An inverse head-and-shoulders pattern occurs in all markets, on all time frames, and is associated with the reversal of a downward trend.
You can enter a long position when the price moves above the neckline, and set a stop-loss at the low point of the right shoulder.
The height of the pattern from the breakout price should be your target price using this pattern. You can also draw a line from the head (the lowest valley) to the neckline, then use the magnet to move the line and project it upwards from the neckline to get a guesstimate of where price might go. Nothing is a given.
view on JD.com HKnow is a rebounce and it will hv strong resist at 338 and then back to 292 , potentially.
then will move up again....
let see how
JD.com Analysis 15.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
JD.com Immediate term trade and trend [5OCT2021]I love this stock, and recently a part of signal went bullish after drop from 78.
Is it a bounce after the fall? I dont know.
I will buy bit by bit from here and see how it goes.
My backtest shows, It usually takes 3 days for the signal to get strong at detecting the trend.
Redd
JD.com Analysis 10.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!
ABC Bullish Double BottomABC with target being D following a bearish W, harmonic pattern that I did not measure. The W formed a double bottom for JD. There is a gap below price. As of late, I have noted that China stocks usually fill their gaps.
There are several pocket pivots at the bottom and 1 under price that is at the gap up and it most likely caused the gap up.
The W is probably a bearish shark or a bearish cypher as valley 2 is lower than valley 1. In the bullish version of these patterns peak 2 is higher than peak one, and for the bearish versions you just flip the pattern over. It is not like you can not be long in a bearish harmonic pattern if you are careful, as if you are long at the bottom of the last leg up, it could be rewarding. Just get out at the end of that leg (o: as price will retrace. A bullish harmonic pattern has the last leg downward with the idea being to get in at the bottom of the last leg down. A bearish harmonic pattern begins with an impulse wave Down and a bullish pattern begins with an impulse wave Up. People go short and long inside both of these patterns if they are able to recognize them. It is worth watching some YouTube videos or a good read on Harmonic patterns. Many times you can begin to decipher which pattern it is by the retracement leg which occurs after the impulse wave (1st leg).
No recommendation.
LONG JDLooks good for swing with a stop loss near support. Theres strong support at bottom but it can bounce from here since chinese stocks are showing some strength
Stocks - JD Bull Flag LongBrief for JD:
- China is now beginning an easing cycle.
- While rising yields may take the wind out of US tech's sails, there is an opportunity in China tech, if one can stomach the regulation risks.
- This may go on a 6month+ rally
GLHF
- DPT
