JD trade ideas
$JDPosition :
Entry price: 87.12
SL: 81.46 (-6.5%)
TP: 384.00 (+19.4%)
R:R: 3.
Fundamentals :
Sector: Retail - E-commerce
EPS % Chg (Last Qtr): 52%
3 Year EPS Growth Rate: 47%
EPS Est % Chg (Current Yr): 59%
Sales % Chg (Last Qtr): 30%
3-Year Sales Growth Rate: 25%
Annual Pre -Tax Margin: 2.0%
Technicals
Cup with handle breakout
JD.com analysisBuy levels: Over $92.75 and $90 and $86
Resistance levels: $92.75 and $92.5 and $93.96
Support levels: $92.17 nd $90 and $86
Cut loss: Under $86 Strong support
Earnings date: 11/13
Estimated move: + 5.6578%
Price targets: $93.96 and $95 and $97
Analysis: JD is trading in a weekly uptrend in an ascending triangle(bullish pattern). With singles day coming up in China and expected sales numbers to boom, JD.com can be a perfect run up play going into earnings. (More in depth technicals in video)
Chart link:
China stocks look like a safe haven pre-electionJD is breaking out here. We also have a cup and handle:
And here's what the Chinese internet ETF (KWEB) looks like:
JD looking strongLike the look of this break of range. A pull back or flag into the 85/86 area
is preferable.
$JD Cup & Handle / Bullish Pennant$JD is forming a Cup & Handle with a bullish pennant as the handle. This pennant presents an ideal place to accumulate $80 & $83 before breakout.
I am currently in $JD $80c December average $6.
Will it breakout?!?barring continued fear of future IPO issues with the Chinese Govt. we should see a breakout to the upside at $84.40
JD Cup and Handle Ticker $JD is forming a bullish cup and handle pattern on the 15 minute chart. It is predicted to break out of the pennant (handle) on November 4th, now this isn’t guaranteed to breakout at that point, however, watch out for it coming anytime soon. If it does breakout during these volatile market times, you much make sure that the top of the handle acts as a support line for the candles so that you don’t lose money. Risky play but could end up very bullish.
JD Setting UpJD is putting in a little cup with handle continuation pattern. Wait for a breakout with strong volume to go long.
Cup + Wedge handle, 3wk consolidationNot pretty but the combination of a rounding bottom and wedge "handle" has been a reliable pattern in the past. Looks primed for a big move over the fib resistance at 83.41 due to consolidation with declining volume. Pre-earnings run up is a potential catalyst.
JD looks ready for another leg upJD has formed a rising parallel channel and a cup and handle chart pattern. A breakout to new ATHs seems very likely here.
Breakout can happen very soonNASDAQ:JD JD looks like it can break out of this pattern very soon, curling nicely.
3 entry opportunities for $JD during reaccumulation phasePotential entries based on:
-support/resistance lines
-symmetrical triangle breakout
Numbered in likely order of occurrence
JD Pushing For MoreJD has Been in a bullish upward channel since May of this year, in the next few days we should see it retest recent highs. RSI remains above the 50% level, Cup & Handle formation has JD pushing upward into the channel heart-line and eventually the 1.618 Fibonacci level.
Cup and HandleJD broke up from a bull flag recently
Targets for BF were 85.7 and 89 and long entry level for bull flag was 77.9
Now forming a C&H pattern
Long entry level for C&H has not been met as of yet
NV is very high
Handle low is very close to mid cup
Possible stop under 79.15
Not a recommendation
JD LONG 1) Cup and Handle formation
2) Indicators signaling a rebound ( MACD showing a bullish crossover, selling seem to slow down based in histogram)
3) Breakout 80.42 (MA20) should see it heading 85
