JD LONG JD.com is the No. 2 Chinese tech stock tradable in the U.S. behind Alibaba (by market cap)
JD is not a stock that will move $5,6,7 at a time but it normally moves @ .55 to .65 a day. However, it is on an upward trend and it looks like it might go higher than its normal daily moves. I bot 2 $44 Calls which was an ITM Call about an hour ago and I am showing a small gain already. You can buy the $45 or $46 Call, whatever makes you happy, I have trying to stick to ITM calls because of the Market Conditions.
JD trade ideas
JD.com: Is This Chinese E-Merchant Leaving the Station?JD.com is the No. 2 Chinese tech stock tradable in the U.S. behind Alibaba (by market cap). It broke out to a new 52-week high just a week ago, followed by a quick pullback. Buyers defended its price around $42, which marked weekly closes several times since January. This same level now provides a potential risk-management and entry zone.
JD’s has had strong earnings, fighting its way back from a steep pullback in 2018. It also stands to benefit from the general influx of capital into Chinese equities after global indexes were changed last year.
JD has made a series of incrementally higher lows since June 2019, while remaining above its 200-day simple moving average. It managed this feat even at the most bearish moments of the coronavirus correction -- unlike almost every other stock during the crisis.
A small fall that can result in a massive outbreakJD.Com great and stable online ecommerce that works for china, as one of the biggest on the market within alibaba has a great potential growth in near future. This small fall till local support on 42 might be a great buy with tp on 48 or hold if the stock outbearaks the resistance
JD.COM INC SPON ADS EACH REPR _ LongNASDAQ:JD
On March 25, they tried to take the $43 level, but failed.
Then - a false breakout, SL were triggered and we rolled back. Then was gaining a position and went to storm the level 43 again.
Then - two close retests, which showed a strong short player, but the long position is definitely gaining.
I leave the paper on the list and join the winner above 43 (I expect the long-short player to win).
$JD is going to $5010% gift to my new followers, not much but can't keep them waiting
here is what driving jd momentum
1. Earnings didn't just crush estimates, they were higher than the highest estimate.
2. Technical breakout above the 52 week high.
Disclaimer: not every stock i pick will double in 2 days
JD.COM Surges on Earnings $jdThe company reported adjusted earnings of 8 cents per share, above expectations of 7 cents. Revenue of $24.5 billion beat estimates of $23.9 billion and was up 26.6% from the year-ago period. JD.com earnings of 8 cents compares with 7 cents in the year-ago period.
JD.com stock surged 12.4%, closing at 43.30 on the stock market today.
The company expects revenue to increase "at least 10%" in the first quarter vs. the year-ago period, to about $19.09 billion.
"This forecast reflects JD.com's current and preliminary expectation, which is subject to change in light of uncertainties related to how Covid-19 develops," the company said.
Source investor.
JD.com - cup and handle formation - educationalHi, I was looking at Jd.com chart on weekly and monthly timeframes and came across the lovely breakout from cup and handle formation on weekly TF.
We can see, it look about 8 to 9 months for the cup formation and another 6 months for the handle. Once the pattern was completed, we could assign an upward target to price on successful breakout. As shown in the chart the target price was an upward move of about 12.57 USD above breakout levels and we are nearly there with the price.
Its interesting how weekly charts reduce ambiguity and keep noise out of the market. Investing is a mindset game and not for the faint hearted. Once you have taken a position, then let it roll till it breaches your investment plan/ or there is merit in altering your initial investment rationale.
Hope this is of interest, please share a thumbs up if you like what you read and share a comment in case you have also seen any such patterns play out.
Can't be more pissed about this one when trading from 13-14 dollvery rewarding in trade , but note please the extended lines , but who cares price is everything and this product priced cheaply imo yet ..
my lousy amount invested will not make a hole in case it goes to 0.00 , saved in #forget folio# with the others there to remind me about mistakes
$JD.COM needs a pullbackHaving hit major resistance at the Fibonacci golden pocket and horizontal weekly resistance , it looks like a slight pullback is inevitable to the $35 level.
RSI is running quite high and if the market becomes unstable in the days to some, JD will be sold, as investors take flight to safety once again.