9618 trade ideas
Here is where I buy China.JD's revenue growth is outstanding. China's economy is slowing but I think Chinese consumer is overall strong.
JD, a short chance is comingCurrently waiting for a perfect chance to short as wave 4 can not touch the territory of wave 1. Which means a tight stop.
Actually there is a little room for the bulls this Friday.
JD Day Trade Retest Gap (Brad Reed Mar3,2015)JD expected to open at 29.47 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com
Bad Earning Numbers Could be a buying opportunityThe company will report its Q3 tomorrow before market opens, and if numbers are not as good as expected, we will see price to roll back to recent buy point or where price cleared the DTL at and around 25.22 or even much lower to 23.6 if not retest October low 22.60. We will buy for the next Q4 earning which will be a huge beat. If # good and WS like them, we expect a price to enter a new upside trend with target price 35 and above for next few months. If you decide to take a long or short position do your homework. If you want a real time alert on this security try us www.2waytrading.com
