JD setting up for an uptrend, technicals kind of messy, but the price is very good, with 32 being the range floor, price targets 38-40-42; we likely wont revisit the 25-30 range anymore.
JD.COM SP.ADR A1 DL-00002 forum
JD setting up for an uptrend, technicals kind of messy, but the price is very good, with 32 being the range floor, price targets 38-40-42; we likely wont revisit the 25-30 range anymore.
JD Stock in the starting blocks for a second green wave on the monthly macd after 2 months over the mid bollinger band as support. Weekly macd seems to be slowly drifting towards the green but that might take a week or 2 ( another red wave is unlikely as the company is doing pretty great and is undervalued).JD Headed towards PE 8. Who can seriously think this ain't the deal of the century ?
JD update: Despite strong financials JD has been going down due to price target reductions from various analysts. The reasoning behind this is related to a prediction of increased Chinese economic uncertainty. Long term I still believe in what they are doing!JD Earnings expectation for tomorrow. I think we get a solid earnings beat and fly. Domestic consumption incentives likely benefited JD substantially. Let’s see how my prediction goes
JD 66 and we go to Disneyland. 89 then we go on a cruise this Fall. Let’s rise babyJD +7% pre market. Let's go !!
JD Interesting Setup. Down side support near $25-$20 if it breaks $30. Resistance at $40-$45 if it can break $35 with enough umph and clear $45 we may see a short run squeeze or post earnings drift into $50-$55
JD The chinese middle class is gonna double in the next 5 years according to McKinsey. From 35 to 75%. JD is headed to the moon, then proxima centauri 👽👽👽JD This is probably one of the best value based stocks you can find. The fundamental indicators are extremely undervalued and bullish. Recently there was some headwinds from tariffs but this is simply panic as JD is 99% based on domestic sales and isn’t directly impacted. China is also doing a lot to boost domestic consumption. There was also some selling due to their aggressive plan to invest billions into the food delivery business. Who knows how that will turn out… but either way it is an extremely profitable company (the Amazon of China). Don’t recommend for trading, this is more of a long term value play. Earnings in 5 days so expect volatility!