I am long here, bullish div on macdHarmonic is roughly completed, looks like it may get frontrun due to rest of market recovering.
JD trade ideas
Keep shorting until $25JD is still in a downtrend and headed down to $25 and I would not exclude a sharper drop to $20.
JD Unpopular OpinionHuge laggard in China. Even JD looks like it wants to move higher before lower. I think JD will be the alarm bell for China equities to finally move higher, as even the laggard is showing resistance to selling pressure as of now.
Baba, PDD, Baidu, KWEB, CQQQ all look pretty decent, but JD needs to finally push higher to confirm a good trend for China stocks
$JD - Expecting a reversalNASDAQ:JD is trading around $32 which is the same as 2014 price level.
Reported Revenue EPS
Q2 Aug 2014 $4.61B. 73 cents/share Loss
Q2 Aug 2023 $39.69B. 59 cents/share Profit
Does this make sense? I am expecting a reversal here.
JD - Washing The Stops Out First?A follower asked to chart JD.com
And since it's Sunday and I'm sipping my fresh brewed coffee from my "La Pavoni" Espresso Machine, I have time to help out a buddy in the Trading Space.
Here we go:
The Monthly (Daily will follow below) Chart is nice and orderly. It has a good Base. And we also see where the last bunch of buyers where from 2019 to 2020.
JD had it's shiny days when it went up to P0.
From there the clouds began to darken. It was, and still is on the path down to a potential P5, which is not achieved yet.
So, that would mean a break of the Base?
Yes!
But, what about the Last Real Buyers (Green Box)?
Put it in perspective. These old buyers had the Job to not let the Stock go down anymore, but to encourage the CROWD to buy more. Big boys where already loaded there...
Any other ideas why a break of the Base and a Wash of the Stop/Loss orders could happen?
Yes.
1. If I where one of the Whales who's behind JD.com, I would want to buy low and sell high. So, my advice to the Market Maker would be to take out all the Stop/Loss orders, sitting below the Base. Throw the final Max. Pain to all HODLERs of JD and prove their bravery.
And then, when everyone and their Mothers throw the towel, I would pick them all up...of course for a very low price.
Please, if you have JD in your portfolio, don't hate me for this. I just throw out my thoughts and tell about my experience. I love you §8-)
Is there more...?
Sure:
2. The Fork
The red Pitchfork projects the most probable path of price. That's the nature of the Andrews Pitchfork. And it does it very well as we see.
Until price has climbed above the U-MLH (The Upper-Medianline-Parallel) there is absolutely no intention that JD will start to stop from falling.
So there we have it.
Can we build a plan to buy out of this information?
Why not:
Wait for the wash.
Wait for something important that shouts in your face.
Then start to gather the facts together that give you many good reasons to buy JD for the long term and make a killing in the next Pump. For example:
1. Wash is over
2. Price climbed above the Base again
3. Price is above the U-MLH
4. The earth did not end despite the climate activists predicting it for the 48th time and the Christmas Tree didn't burn down last year §8-)
Wish you all a happy Sunday and - Go get your free ForkTrading-BLUEPRINT on my website.
T8N3
JD, Inverse Head and Shoulder's PatternJD, Fair value on this company is arguably much higher in the $80-90 range.
RSI showing strength as price bases out.
Inverse head and shoulders pattern.
MACD sloping up.
A confirmed break with high volume of $40 should signal a continuation move higher.
JD Options Ahead of EarningsAnalyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 37.50usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $1.99.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
JD.com, Inc. (‘JD’)JD.com, Inc. (symbol ‘JD’) share price has incurred losses of around 12% in the second quarter. The company’s earnings report for the fiscal quarter ending June 2023 is set to be released on Wednesday 16th of August, before market open. The consensus EPS is $0.59 compared to the same quarter of last year at $0.49.
‘The company is not in its best form and this is also supported by some financial figures as of 31/03/2023. Even though EBITDA, which is earnings before interest, taxes, depreciation and amortization, is at $0.936B, a 146.32% increase year-over-year , the net income of the company is $0.912B, a 293.22% decline year-over-year. One factor that could explain this indifference is the high long term debt that the company has , which is near all time high, at $4.27B. What this means is that the company is paying large amounts on interest which affects the overall net income.’ said Antreas Themistokleous at Exness.
From the technical analysis perspective the price is trading in a slightly upward trading channel for the last couple of months. The price found sufficient resistance on the upper band of the Bollinger bands in mid June and late July without being able to trade outside of it indicating that the volatility in the market for the share of the company has somewhat decreased.
There are some minor indications on the daily chart of a potential move to the upside but they’re not very strong. First the Stochastic oscillator is near the extreme oversold levels potentially pointing to a minor correction to the upside in the near short term while the 50 day moving average is on the move to cross above the 100 day further supporting the narrative of a correction in the market for the share.
BABA to the Moon, little brother JD to the cloudsBABA's little brother JD setting up a similar Head and Shoulders pattern after a harsh fall, what goes down must come up. Looking to long on the neckline break or earlier if I'm feeling risky. It's weird that many stocks are forming this pattern recently, free money everywhere, I made a lot of money and I hope those that followed my ideas did too!
Weekly Chart for zoomed out view:
JD is it a safe short or an early reversal?JD on the 1H chart has been in a solid downtrend worthy of shorting.
However, the zero-lag MACD shows a line cross under the histogram and
a red to green there. The signal has curled. This looks like subtle
divergence. Price is in the area of the mean anchored black VWAP lines.
The mass index indicator is double tapping the reversal zone.
So, what you think? Is there more downside or instead is JD going to
bounce and move up? Please offer your comment !
JD in a downtrend but.. 🚀looks like a tight consolidation near lows and ready to test extreme trend resistance once again
Scenario one: we hit trend resistance/50-55 area and the downtrend continues
scenario two: we hit and break that trend resistance and rally to 80 (100%+ from here) 🚀
boost and follow for more! thanks 💜
JD Long Term Investment to New All Time High JD has a buy zone between $33.50 and $38. I was willing to buy JD between $33.50 and $36.
Target Prices
TP 1
White resistance line with a price target around $53-$55
TP 2
Red resistance line with a price target around $63-66
TP 3
$93.60 is the third price target
TP 4
$107.93 is the fourth price target then JD can find price discovery to form a new all time high.
JD.com Inverted H&SJD.com has created an inverted H&S pattern over the summer and is attempting to break above the neckline. This isn't a textbook H&S since the neckline hasn't been a hard resistance level for price when looking at the violation above the neckline at the right shoulder, but that appears to have been an outlier with a gap up and almost immediate gap back down below the neckline. Although not textbook, this pattern is similar enough to warrant attention as price is currently attempting a break above the neckline.
The PPO indicator shows the green PPO line rising above the purple signal line which indicates short-term bullish momentum. Both lines trending above the 0 level indicates intermediate to long-term bullish price momentum. Going forward we want to see the green PPO continue to rise above the signal line.
The TDI indicator shows the green RSI line rising and crossing above the 60 level while trending inside the upper half of the white Bollinger Bands. This indicates a short-term bullish trend in price. Going forward we want to see the green RSI line continue to rise above the 60 level, with an overall trend between the 40-80 levels to indicate intermediate to long-term bullish price trend.
My entry on this trade was at $38.98 with a current stop-loss at $35.57. Should price break above the neckline and continue to rise I'm looking at resistance near the 200ma at the $45 area to take profit, but am also going to be watching for a potential measured move near the $48 level if price manages to push through the 200ma with ease.
JD LongI see multiple top patterns in this underlying while I see that there was significant volume for the last periods while there was no significant move there. In my personal opinion if JD succeeds in breakout $40.6. it could easily reach to $45. put sl in this underlying in necessary I am long term bull on JD
JD LONGAside from running together with NYSE:BABA which is on the verge of a large breakout shared in a prior idea, JD here is breaking out from this multi-month wedge with multiple gaps above. If above $42 there is room for a run towards gap fills 44.82 and 51.71 with the red line above being major resistance.
$JD shows a turning patternNASDAQ:JD shows a double bottom pattern and has a potential to achieve 54 per item in 2-3 months.
Good company and definitely, oversold. Will show much more, but in short period we have a good potential to take 40-50$ of revenue.
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
If you want to discuss, please subscribe and challenge my point of view )
Is JD a Chinese economy equity setting up a reversal?JD on the long term weekly chart appears to be in a descending wedge pattern which
would generate a bias for a breakout upside. Price is now supported by the one standard
deviation line below the VWAP bands anchored to 2019. The analysis of the ultralong term
volume profile is that the Point of Control is just below price and that the vast majority of
trading volume has been above the current price. I can readily presume that JD is at or
near a bottom and most certainly the 1, 2, and 3 year lows. Analysis on higher time frames
such as the weekly are more likely to be accurate with good signals. On the MACD signals
have crossed in mid-May and now ascending in parallel toward the zero line while price
is bouncing around at what I will call the bottom. Said another way, the MACD is showing
bullish divergence. The upside here over a long term could be as much as 250% and much
much more with a long expiration options contract. I will open a long trade here in
a small position with a stop loss below the POC line and DTA into it over time whenever there
is a pivot low on the weekly chart. I am confident that the Cinese economy with supposedly
zero inflation will be an excellent backdrop for Chinese stocks to run higher in due time.
betting for JD > $45 with options- buy-to-open a vertical call debit spread exp 09.15
- sell-to-open a vertical put credit spread exp 08.18
This is a bullish strategy with limited risk of $562.00 and limited potential reward of $436.06.
This strategy will profit if the stock closes above $36.46 by Aug 18, 2023.
There is a 59.79% probability this will happen.
$JD - H&S reversalNASDAQ:JD Looks like a reversal. Forming H&S at the base of the descending broadening wedge.
Targets - $44, $48
Downside Risk - $34.
💥🚀💰
JD.com looks like it wants to run!JD.com (JD) looks great here. Inverse head and shoulders. Looks ready to test $40.90 and eventually $43-45.
Disclaimer: This is not financial advise and I'm not a financial advisor. This is only for educational purposes.
Trade the island reversal of JD using 40c expired in SepAn island reversal is a price pattern on bar charts or candlestick charts that, on a daily chart, features a grouping of days separated on either side by gaps in the price action. This price pattern suggests that prices may reverse whatever trend they are currently exhibiting, whether from upward to downward or from downward to upward.
The island reversal can be a top or a bottom formation, though tops are far more frequent between the two. The island reversal formation has five standout characteristics:
A lengthy trend leading into the pattern.
An initial price gap.
A cluster of price periods that tend to trade within a definable range.
A pattern of increased volume near the gaps and during the island compared to preceding trend.
A final gap which establishes the island of prices isolated from the preceding trend.
