JD trade ideas
2016 Resistance Line still alive and doing its workI am really bullish on this stock long term, good management team, good business model and a very strong development in the AI sector.
But, given the pandemic we are still assisting all over the world right now, the stock has just been riding the wave - similarly to amazon, shopify, ebay and all other ecommerce platforms. But I think it's now time for a little pullback before it keeps its bull trend.
We can see the same very strong resistance line dated from 2016 that has rejected the price for 4 times already since JD's IPO . If you zoom in and have a look at the 1hr or 30min chart, you'll see that the price has struggled to stay above that line the past week.
I got in this trend when the price was still at 35 but, while I am 65% up since a couple of months ago, I am still not closing the trade because I am also a long term investor and know the potential of this business. But, considering this recent surge in price movement, I am going short on my trading account, wait for that pull back and then, go long again.
JD in a potential swing tradeJD.com remains China's biggest online retailer and if there is nothing that we learnt from COVID, online services are the few strongholds left for a safe return of investments. All around China, a revolution is occurring as traditional retailers are going bust due to high rental prices with poor sales. This coupled with ridiculously efficient delivery services that expedite online retailers to flourish when people do not really want to go to crowded malls.
In the likes of this significant shift in behaviour, brick and motar businesses are all suffering from the consumer lethargy caused by the pandemic. Online retailers with the likes of Amazon, Alibaba, JD e.t.c especially retailers with a profitable logistics system have completely taken over due to a shift in consumer behaviour. Even when COVID disappears, this onine shopping habit will already be reinforced and I foresee that habit never returning back to the 90's.
COVID has clearly accelerated all businesses who are heavily IT-dependent. When you combine that with lifeproducts, essential services, and entertainment rolled into a single platform, I do not think it is going to fail anytime too soon.
flat bottom potential long postitionpotential long position at the bottom of the triangle is recommended.
JD Aroon Indicator entered an Uptrend on June 22, 2020.Over the last three days, Tickeron A.I.dvisor has detected that JD's AroonUp green line (see chart) is above 70, while the AroonDown red line is below 30. When the green line goes above 70 while the red line stays below 30, this is an indicator that the stock could be poised for a strong Uptrend. For traders, this could mean going long the stock or exploring call options in the next month. Tickeron A.I.dvisor backtested this indicator and found 263 similar cases, 233 of which were successful. Based on this data, the odds of success are 89%.
JD Short SellI'm laddering in shorts for JD targeting red horizontal line around $56.50. Relatively confident in this for a retest, but may endure a little anguish if we continue to grind toward $62 before a fall.
JD.COM to enter rest level soonI would create alert at daily support zone. Hope JD comeback so that I can join once again.
$JD:NASDAQ - JD.COM - Making Higher HighsJD has been consistently ticking away making new highs. 21% trailing sell would have kept you in over the last 18 months with only one exit and re-entry required. 16% would have kept you in over the last period. Couple of brokers have suggested a recently revised target of $70+. Might be worth a watch.
JD.com, Inc. is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the following business segments: JD Mall, and New Businesses. The JD Mall segment represents its core e-commerce business. The New Businesses segment includes logistic services provided to third parties, technology services, overseas business, insurance and O2O. It also provides an online marketplace, whereby third-party sellers sell products to customers primarily through its websites and mobile apps. The company offers advertising, logistics and other value-added services. JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.
JD.com keep going upIt doesn't make sense to me either but that doesn't seem to matter in this market.
Riding on China's tech fever....Read latest news here
What I like is the strategic relationship they are cementing , moving forward. We are well aware the Chinese are familiar and love shopping online for goods and services. Appliances business will take a hit with the Covid-19 as the lockdown period has prevented many to go out and shop.
With this tie-up, regardless of Covid-19 or future viruses, shoppers can shop in comfort at home and still get what they want from Gome.
You want to read this article to understand the relationship between the China's tech players
Put this date down, 18 June 2020 for its IPO listing in HK
Wow! first time seeing this. All 6 of my indicatorsThis is the first time I've seen this since I coded in my custom signals. All 6 of my possible indicators have shown up on JD. That is my cue to buy. Hopefully we'll get a dip for me to enter tomorrow.
NASDAQ:JD
JD inside day after 8ema correction JD had been so strong to make a new all time high a few days ago.
It gave an inside day after daily 8ema correction, which will be a very good trade for me!
I'll be willing to take the inside day breakout.
Let's see how it goes yo!
Mini-Update for JDThe obvious support line is shown on the chart. I think it's possible to see some rebound from JD in the short term, but I am not too confident with the long term either, due to the political unrest in HK(which would seriously influence China/HK stocks negatively) Not too sure in the short term, but grabbed a little number of calls. 45 is the ideal entry-level.
As shown in the diagram No position yet. Will long if this could drop to 50.5, but I don’t think it’s wise to short at this moment. TP 60.
JD to retrace?I once called JD at 19 Dollars, told my brother it would outperform everything, and here it is. 1year 5 months later. almost 3x the price i had called it would boom after breaking.
I expect it to retrace all the way down to $50, could be soon, if you are an options trader make a put call that could be convenient for your trading style, if you only buy commons short it.
STOP LOSS IS A MUST
