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 trade ideas
JD Support and Resistance- Potential Squeeze Oct 14Since curving down and bottoming at 71.76 NASDAQ:JD has moved back up along a similar curve. As long as this curve holds JD could push back above 79.27 resistance and with the right conditions it could jump from 80.70 to 85+. Something to consider on JD is the MACD reaching a buy signal and the last 5 days have been higher opens with a close lower than the open. If JD can't hold the curve and 77.30 support, price could test 75.53 support and continue to consolidate in that range for the near future.