JD.com, Inc.
Long
Updated

JD, Inverse Head and Shoulder's Pattern

JD, 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.
Trade closed: stop reached
Buying some options as a flyer, rumors are that china could bail out the real estate market which would send this much higher, but cash positions have been stopped out.

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