04.02.2025 / 
JYD #JYD
Fundamentals. Negative sentiment amid tariffs with China
Technical analysis.
Daily chart: More than 80% down from the previous session. All-Time Low of 0.42 is ahead.
Premarket: Giant Gap Down on increased volume.
Trading session: The initial momentum from the opening of the session was stopped at 0.55, followed by a deep pullback, but then the price returned to 0.55 again and broke through it on increased volume. We are considering a short trade to continue the downward movement in case of holding the level from below.
Trading scenario: breakdown with retest of level 0.55
Entry: 0.5315 if the level is held below and goes below the candlewick of the breakdown candle.
Stop: 0.56 we hide it above the high of the retest.
Exit: Close part of the position before the all-time low of 0.42. Close the remaining part of the position at a price of 0.3565 when the structure of the downward trend is broken.
Risk Rewards: 1/5 (1/6 maximum)
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
JYD #JYDFundamentals. Negative sentiment amid tariffs with China
Technical analysis.
Daily chart: More than 80% down from the previous session. All-Time Low of 0.42 is ahead.
Premarket: Giant Gap Down on increased volume.
Trading session: The initial momentum from the opening of the session was stopped at 0.55, followed by a deep pullback, but then the price returned to 0.55 again and broke through it on increased volume. We are considering a short trade to continue the downward movement in case of holding the level from below.
Trading scenario: breakdown with retest of level 0.55
Entry: 0.5315 if the level is held below and goes below the candlewick of the breakdown candle.
Stop: 0.56 we hide it above the high of the retest.
Exit: Close part of the position before the all-time low of 0.42. Close the remaining part of the position at a price of 0.3565 when the structure of the downward trend is broken.
Risk Rewards: 1/5 (1/6 maximum)
P.S. In order to understand the idea of the Stock Of The Day analysis, please read the following information.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
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.
Если у вас появились вопросы по данному разбору, у вас есть альтернативное мнение или вы хотите поделиться собственной акцией дня - добро пожаловать в Telegram t.me/stock_of_the_day_channel
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.