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.
89618 trade ideas
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 $JDshort w bearish pa aim for both gaps, take profit on large dips, possible a gap up and fade, i will update
JD Swing PlayIt's hovering over the lower BB and support area 78.15 and RSI is indicating oversold. PT = 87.5 and Stoploss 74.9.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational purposes only. All advice is based on technical and my own opinion.
JD.comJingdong Retail Group, Jingdong, JD .com is a Chinese e-commerce and e-commerce company located in Beijing. Is one of the largest B2C companies in China. JD has over 441 million active customers, providing a one-stop shop for a wide range of products. JD's platform also enables local and international brands to enter the Chinese consumer market.
In the third quarter of 2020, JD .com provided a report that revenues reached 174.2 billion yuan, an increase of 29.2% over the same period last year.
I was very impressed with their report. JD is growing across the board. Their average growth rate for 5 years is 39%, for the last 3 years - 30%. JD .com shows no signs of slowing down. Despite its size, it's just amazing.
Global e-commerce sales are expected to grow 55% over the next 3 years. The combination of China's growing economy, e-commerce expansion, and JD's growth rate is the recipe for stock growth over the next 3 years.
Where does it go from here?Up an unusual 5$ premarket from news of It being added to Hang Seng index. Alerts set to see if this is a true breakout . Entry 102 . stop loss 100
Watchout for 100 RN resistenceIn a nice uptrend. But, will wait for 100RN resistance to cross before going long.
19 Jan 2020 : JD Buy CallBreakout
4 SB
Trendline exist
SnR exist
Stochastic golden cross 10 3 3
SL 87.6
TP 93.5
JD is poised to break the counter trendline and bounce ! JD is poised to break the counter trendline and bounce ! JD is squeezed in triangular pattern and is likely to break above after hitting the -27% fib retracement target where the spike down is. If we are going to see a breakout of the counter trendline, it indicates more upside could be there !
JD wedge & resistance zoneWedge breakout will take it to the supply zone above. If it can breach that expecting it to trade along the .382 channel upwards. First PT $96 if it does, will reevaluate at that stage
JD is still in correction. Gap filling might occur! JD is still in correction. Price is retesting the key 61.8% fib retracement and graphical pullback support. Gap filling might occur before a potential bounce, so better to put stop loss below that.
JD 105 CallsSwing: 2 months out
Option: Call 105 call March 19th exp. @3.75
Take profit: +$10 increase from $92 to $102 (10% gain)
(check option value on March 1st)
