JDD trade ideas
JD 11/20 target $95JD 11/20 target $95. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action
Volume average
Trend momentum
Current events
Revenue & Earnings
Debt / Cash
Book value
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO
Lack of planning & discipline
Forgetting restraint
Repetitive errors
7 Important tools:
Trading View app
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books
Brokerage UI
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
www.tradingview.com
$JD with a bearish outlook after earnings releaseAfter a negative under reaction following $JD earnings release, The PEAD projected a bearish outlook placing the stock in Drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Possible date for $JD reaching potential 126.84 price level Based on previous upswing within a price channel. JD may reach 126.84 by Dec. 14 2020 if:
-it breaks back into the price channel
-closes above the bottom channel and stays within the channel
*may hug bottom of the channel before moving up
**if doesn't break into the channel, then may range sideways before moving up (if this happens the channel & potential scenario is no longer valid)