JD.com, Inc.Long
JD Cup and Handle
Ticker JD is forming a bullish cup and handle pattern on the 15 minute chart. It is predicted to break out of the pennant (handle) on November 4th, now this isn’t guaranteed to breakout at that point, however, watch out for it coming anytime soon. If it does breakout during these volatile market times, you much make sure that the top of the handle acts as a support line for the candles so that you don’t lose money. Risky play but could end up very bullish.
JD is forming a bullish cup and handle pattern on the 15 minute chart. It is predicted to break out of the pennant (handle) on November 4th, now this isn’t guaranteed to breakout at that point, however, watch out for it coming anytime soon. If it does breakout during these volatile market times, you much make sure that the top of the handle acts as a support line for the candles so that you don’t lose money. Risky play but could end up very bullish. 
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