JD is facing a critical point over here. After a disappointing result in Q1 (due to heavy investment on AI, logistics, etc.) JD was heavily punished by the market. There is a signal of recovery over here with a bullish divergence. The descending triangle has two opportunities. Further down movement or breaking through and moving up again.
Target upwards: 45
Target downwards: 25
Following this one.
-- Just personal doodles, no financial advice --
Target upwards: 45
Target downwards: 25
Following this one.
-- Just personal doodles, no financial advice --
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.