JD: Wave 2 is done. Wave 3 target $81++A very deep wave 2 correction. The trade war rumors didn't help.
013C trade ideas
JD: Giant H&S???I am seeing what i think is a giant H&S, i am still new at this so it may not be a real one or it may be negated already. But still following the price action. Any thoughts or input on drawing this pattern more accurately???
JD
JD: Alternate Count-HnS pattern or even a bearish ABCJD is below 200 ma and the present primary count is in danger of being invalidated.
JD-5 possibilitiesJD- a rather long drawn out retracement. A closer analysis revealed a few more possibilities. The most positive and immediate target is a 50% retracement which is also the bottom rail support of the down channel.
Next is the 61.8%, followed by the 76.4%, and then the bottom rail support of the up channel. The final possibility is the target of the HnS which is at about 99% retracement which is still within the rules.
JD Buy Low / Sell HighJD is at a perfect buying location for a move higher for the longer term
I will be buying 6 month Call options on this stock at this entry level.
Bounce before Earningsin $36 Aug Calls. Looking for bounce before Earnings in Aug and back into the channel.
Bounce before earningsIn 36 Calls, looking for bounce before earnings in Aug. Also look below $35.25 and failed.
JD - Technical ChartIf the price will pass the neckline may there will be a bad time for the chinese "EBAY".
JD - JD.comTrade set up on chart. Executed for $.15 credit.
ROC: 15% (7.5% if managed at 50%), with more upside available in the call spread.
JD - JD.comJD yet again offering up a long R:R setup after pushing up the first time.
I think we can look for a re-entry around 40.70 with a stop around 40.00. If you wanted a bit more bullish conformation, you could take the trade with price moving above the last two days' highs.
I'm looking at the Aug17 $40 calls, with the plan to roll up and out in time if JD starts to move. Earnings are also right before this expiration, something to take note of.
130m chart:
Update: $JD short-term bullishadding that 1/3 position back. Now holding my max position for any single stock.
This guy wont fall much lower with such buying power.
Update (2): JD short-term bullishPersonally I do not like news-driven moves, which usually mess up charts. No matter what, I would settle as long as JD can close above the pivot we have mentioned last time.
Good thing is the RSi/MFI looks quite strong still.
I am now still holding the 2/3 call positions, not gonna add here, as the google news thingy adds bad 'taste' to the chart.
