JD: China Rebound Over? JD.com - Short Term - We look to Sell at 64.14 (stop at 70.67)
Previous support, now becomes resistance at 62.00. 50 1day EMA is at 67.80. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today.
Our profit targets will be 46.03 and 41.10
Resistance: 65.00 / 80.00 / 90.00
Support: 50.00 / 41.00 / 35.00
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JD
JD Price TargetPrice target for JD is $62.
All the Chinese stocks are primed for a strong recovery after China`s top administrative authority said it would work to stabilize the stock market and boost economic growth!
Traders are expecting the Chinese government would support the stock market like the FED did in the US.
JD.com (NASDAQ: $JD) Benefits On U.S. & China 🗣️JD.com, Inc. operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Retail and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce. It also provides gifts, flowers, and plants; pharmaceutical and healthcare products, including OCT pharmaceutical products, nutritional supplements, healthcare services, and other healthcare equipment; books, e-books, music, movie, and other media products; and virtual goods, such as online travel agency, attraction tickets, and prepaid phone and game cards, as well as industrial products and installation and maintenance services. In addition, the company offers an online marketplace for third-party merchants to sell products to customers; and transaction processing and billing, and other services. Further, it provides online marketing services for suppliers, third-party merchants, and other business partners; supply chain and logistics services for various industries; and consumer financing services to individual customers, as well as online-to-offline solutions. JD.com, Inc. offers its products through its website jd.com and mobile apps, as well as directly to customers. As of December 31, 2020, JD.com, Inc. operated fulfillment centers with a network of approximately 900 warehouses in various counties and districts in China. The company has strategic cooperation agreement with Tencent Holdings Limited. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, China.
Technical Analysis Of 10 Mentioned Stocks!Hi,
Long time no see! ;)
Actually, quite a busy time but still, have some old depths again and here they are - the stocks you mentioned in the comment section. Probably you don't even remember them :)
Sadly this series is not popular amongst crypto followers but still got enough data to sort out some stocks which may indicate that technically we get short-term bounces from shown areas.
To be said, it is the only technical side, fundamental analysis is your homework to do. These aren't my picks, these are your mentioned stocks.
Remember - fundamental analysis showing what to buy, technical analysis showing when to buy. So, do your homework and select what to buy ;)
1. Adobe
2. Alibaba
3. NVIDIA
4. Ball Corporation
5. Block
6. JD.com
7. Ford
8. CRISPR Therapeutics
9. Intel
10. PayPal
If you were interested in anything, go and do your homework! ;)
Regards,
Vaido
JD is still strong for longI’ve been watching this company for a long time, and even have long position at the price of 65.6.
JD.com made clear impulse up by Feb 2021 after which it began to decline.
At the moment, the entire decline after ATH I can count as zigzag ABC, where B is triangle. From level 61.65 (+ reaction from 50% Fibo level) the price formed leading diagonal plus ABC correction. After that, the price bounced again and met resistance in the middle of the channel formed by the previous waves.
BTW, what is interesting - JD didn’t show us a fairly strong decline while NASDAQ index corrected well down.
So, for now I have 2 scenarios:
1. At the main scenario, I think that the price has formed wave 1 of (3) and expect further upward movement from the channel and extension of the waves.
2. But I also consider an alt. scenario in which wave (2) isn’t completed yet and price want to form wave X (as ZZ) of a double zigzag WXY. In fact, it confuses me that wave (2) ended so quickly and perhaps the price will meet good resistance at the border of the channel. I’ll watch the volumes and further price action near resistance zone (92.6 - 94.5).
$JD Inverse Head and ShouldersNew trader here, would greatly appreciate any feedback on my rudimentary analysis.
I have been watching $JD and am proposing the potential development of an Inverse Head and Shoulders pattern.
I would now be looking for a pullback from the neckline (top purple box ~$71) to the shoulder line (middle purple box ~$65), before a break of the neckline to enter a long position.
I still haven't really nailed the best way of setting targets but suppose you could use a risk reward SL-TP .
Additionally, based on another community post, I have been exposed to a bullish signal within the RSI indicator forming inline with the pattern.
Thanks in advance.
*Not financial advice*
JD, 6 Jan. Two buy levels.JD has lost a third of its value in just over a month. Let’s take a look if we can pick the stock up over the next days.
Elliott:
We are looking for a wave C with 5 sub-waves. We can count a completed 5-wave move to the downside now. Alternatively we expect one more wave to completion. These two interpretations give us two potential buy levels.
Geometry:
Price bounced at the lower boundary of the upward channel, which is the .5 fib mark of the downward facing channel.
Oscillators:
The RSI shows a bullish divergence. The Stochastic is oversold for over a month and due to move up.
How to trade it:
The two levels (green arrows) give us excellent risk-reward ratios to try long positions with tight stop losses. The lower level at 54 is more likely to hold when we expect an expanded flat correction. JD needs to re-gain the 21 day MA and hold it in order to further increase long exposure safely.
JD - ARC ENDING - UP OR DOWN?All,
JD looks like it's going to make a pretty sizeable move here. My honest guess is the downside. With that said I don't think they are a bad company by any means. Decent earnings etc. I just don't see the traffic/high level interest to really keep the momentum up. That being said I always plot both theories up and down so of course do your own DD. Like most of these plays I would do 1:1 puts/calls and drop the other when you have conformation.
JD.com Analysis 19.11.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
JD is on a path to $88.86 in the short termI am bullish on JD in the short term based on the following:
20th Oct - 8th Nov - JD had 3 waves down; and on the 8th Nov, it found support and closed above a key level. After 3 waves down, based on what I have seen, there is usually a change in direction.
9th Nov - A bullish inverted hammer candle was formed and it closed above $77.05.
10th Nov - I entered a long position based on the aforementioned items, in addition to the formation of the StochRSI and the break of the static horizontal level on RSI.
My strategy dictates, after back testing, that i take profits, four levels up from my initial entry, which will be @ $88.86.
Thank you for your time.
JD set for further drops. JDWe are not excluding a possibility of an interim rise, but that will not last. We have much potential to drop on this one. Appearances can be deceiving.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
JD.com Analysis 28.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
BABABABA can be heating up here ..
As long as above 148 this one can maintain some steam back into the 200's and lead China stocks with it.. very oversold from highs -- can be looking at near 100% ROI back towards highs from here!
Over 170 -- 210 - 230 target is in tact.
Further R LVLs are 248 - 270.
Good buy along with NASDAQ:JD
( Pretty soon this account will become private for only paying subscribers.. to keep up with the plays subscribe to my newletter :) )
- nick
JD.com Analysis 10.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next days/weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I would also appreciate, if you would smash that like button and help me to create more free analysis like that.
Thank you for watching and I will see you tomorrow!