013C trade ideas
JD.COM showing upside soon to come to $35Inverse Head and SHoulders seems to be forming on the JD.COm
The market has come down from a high of $42 down to $21 since July 2023.
Then there was a solid consolidation and higher lows forming, before the next move.
Now we do have a potential Inv H and S but it's still of a Medium Nature.
Price>20
Price<200
The target is around $35.01 but we need the price to first break up and out of the neckline.
Let's wait and see.
JD valuation is illogical.| Buying JD at $23, selling at $36. |
http://JD.com's "valuation is illogical, with the stock priced as if the company is going out of business soon"
"The discrepancy is quite perplexing. Pinduoduo with a market capitalization of $187.20BN realizes $6.22BN in operating income, while JD.com with a market capitalization of $36.54BN realizes $3.72BN in operating income."
seekingalpha.com
$JD - FaceripperI think a JD faceripper is incoming. Stocks in the same sector like BABA and others will follow, but the main true driver will be JD itself. The media i think will attribute this all to BABA which will drive the frenzy even higher and everyone will become focused on BABA rather than JD.
Data:
imgur.com
I've opened a large position in JD as of last week.
JD.com Resurgence: Surpassing Expectations JD.com (NASDAQ: NASDAQ:JD ), the Chinese e-commerce giant, has emerged victorious in the face of economic headwinds, defying expectations with impressive fourth-quarter revenue figures that have ignited a surge in investor confidence. With shares soaring 15% , JD.com's strategic maneuvers and resilience in a challenging market landscape have captured the attention of analysts and stakeholders alike.
The company's success in the final quarter of 2023, buoyed by aggressive price cuts and heavy discounts during China's renowned Singles Day shopping festival, underscores its ability to adapt and thrive amidst economic turbulence. Despite China's shaky economic growth and concerns surrounding youth unemployment and stagnant wages, JD.com's ( NASDAQ:JD ) innovative approach to stimulating consumer demand has yielded remarkable results.
Chief Executive Sandy Xu Ran's announcement of plans to expand JD.com's international presence marks a pivotal moment in the company's trajectory. With a keen focus on supply chain optimization, JD.com ( NASDAQ:JD ) aims to establish itself as a global powerhouse, leveraging its distinct business model and competitive advantages to penetrate new markets.
The prospect of JD.com's ( NASDAQ:JD ) potential acquisition of UK electronics retailer Currys further underscores its commitment to international expansion. As the company seeks to diversify its revenue streams and mitigate risks associated with domestic market fluctuations, analysts anticipate a strategic move that could bolster JD.com's ( NASDAQ:JD ) global footprint and drive long-term growth.
JD.com's ( NASDAQ:JD ) stellar quarterly performance, with net revenue surpassing analyst estimates at 306.1 billion yuan ($42.52 billion), reflects its enduring popularity among cost-conscious consumers. Despite concerns stemming from an internal audit of its Dada Nexus unit, JD.com's overall revenue remains robust, alleviating investor apprehensions and reaffirming confidence in the company's resilience.
Moreover, JD.com's ( NASDAQ:JD ) announcement of a $3 billion share repurchase program underscores its commitment to enhancing shareholder value and capitalizing on market opportunities. With its U.S.-listed shares experiencing a recent downturn, JD.com's proactive measures signal a strategic pivot towards revitalizing investor sentiment and unlocking future growth potential.
As JD.com ( NASDAQ:JD ) reports a net income attributable to shareholders of 3.4 billion yuan, marking a significant increase from the previous year, the company's trajectory appears poised for further success. With a steadfast focus on innovation, expansion, and shareholder value, JD.com ( NASDAQ:JD ) continues to navigate the complexities of the global market with confidence and determination.
JD.com - BUY!The two largest stock holdings of Michael Burry today (2/14/24) are Alibaba and JD.com. Both of these companies I have personally been accumulating for two months now with an auto invest feature on my brokerage account.
I believe that it could take time for these charts to turn around but the discount on these stocks are undeniable. It is worth checking out and at least consider investing.
Ill be sure to update this post every couple of months!
Good luck!!!
JD stock price is even cheaper than it looksStock prices alone dont tell the entire story.
stock prices just represent the equity portion of ownership. Debt holders are also a form of owners who can collect at liquidation before shareholders in the worst case scenario.
The opposite of debt liabilities is excess cash on the balance sheet.
While debt would make a balance sheet look worse, cash does the opposite.
JD has excess cash on the balance sheet. 33b in cash vs 9.57b in debt.
The extra cash makes the stock price even cheaper than it looks.
JD isnt the only one. There are other Chinese stocks with attractive balance sheets and beaten up prices. The current slowdown and sell off has crushed most of Chinese stocks. There is real geopolitical and economic risk right now in china. But the lesson here is learning to read the financials and using this information in decision making.
When looking at stocks, dont ignore the balance sheet. You will find hidden treasure sometimes, and other times you may find rot to avoid.
JD and Bidu are near key fundamental values- tangible bookTangible book value is the total of all physical assets minus liabilities. Its useful as a potential support level because this value is shows whats on the accounting books and implies what the liquidation value of a company might be if all things go sour. Its not a perfect value for liquidation because the market price of assets may actually vary from what the book value shows.
Jd and Bidu are chinese stocks that could be trading near support or will have limited downside based on the the value of tangible book assets net of debt. Falling below this value would mean that the stock is trading below the value of the assets inside the company.
Capital intensive companies are companies sensitive to economic cycles can trade above or below this level depending on the markets risk appetite or perception of future conditions. Auto manufacturers and banks are examples of companies that tend to trade near and around tangible book value. They trade above in good times, and below in bad times.
Chinese stocks are currently deep into a downtrend, so will be interesting to cherry pick opportunities that may become de risked or deep value.
If tangible book value fails to hold, the next significant metric could be net current assets which is a more conservative balance sheet figure of very liquid assets on the books.
Trading view it makes it easy to tracks these metrics as overlays on a chart. Definitively worth having for a quick look at balance sheet metrics.
enjoy.
$JD Potential Reversal: 2-Day DB, Descending Broadening WedgeOverview:
JD
(JD.com Inc.) appears to be forming a compelling technical pattern that suggests a potential reversal. The stock has developed a 2-day double bottom pattern, coinciding with a falling wedge setup, all occurring within the confines of a major descending broadening formation. Traders and investors should closely monitor these key technical levels for potential bullish momentum.
Key Technical Observations:
Double Bottom Pattern:
JD
has established a clear double bottom pattern over the past two days, a classic reversal formation characterized by two distinct lows at approximately the same price level.
The first low was set , followed by a second low , forming a W-shaped pattern.
Falling Wedge Formation:
A falling wedge is currently in play, with converging trendlines forming lower highs and lower lows.
Falling wedges are often indicative of slowing bearish momentum, and a breakout to the upside could signal a reversal.
Descending Broadening Formation:
The overall context involves a major descending broadening formation, marked by expanding price volatility within a downward trend.
This formation could imply a period of uncertainty and potential for a reversal as the pattern reaches its apex.
Potential Trading Strategies:
Entry Points:
Conservative traders may consider entering long positions upon a confirmed breakout above the upper trendline of the falling wedge.
Aggressive traders might explore entry opportunities near the lower trendline, anticipating a bounce within the descending broadening formation.
Stop-Loss and Take-Profit Levels:
Establish a stop-loss level below the recent double bottom, ensuring protection against a potential breakdown.
Identify potential resistance levels within the descending broadening formation as initial take-profit targets.
Confirmation Signals:
Confirm the bullish reversal with increased volume on the breakout from the falling wedge.
Use additional technical indicators, such as RSI and MACD, to validate the strength of the potential reversal.
Risk Considerations:
Trading involves inherent risks, and it's essential to manage risk effectively. Be cautious of false breakouts and monitor market developments closely.
Disclaimer:
This analysis is for informational purposes only and should not be considered as financial advice. Always conduct thorough research and consult with a qualified financial professional before making trading decisions.
$JD Potential Reversal: 2-Day DB, Descending Broadening WedgeOverview:
NASDAQ:JD (JD.com Inc.) appears to be forming a compelling technical pattern that suggests a potential reversal. The stock has developed a 2-day double bottom pattern, coinciding with a falling wedge setup, all occurring within the confines of a major descending broadening formation. Traders and investors should closely monitor these key technical levels for potential bullish momentum.
Key Technical Observations:
Double Bottom Pattern:
NASDAQ:JD has established a clear double bottom pattern over the past two days, a classic reversal formation characterized by two distinct lows at approximately the same price level.
The first low was set , followed by a second low , forming a W-shaped pattern.
Falling Wedge Formation:
A falling wedge is currently in play, with converging trendlines forming lower highs and lower lows.
Falling wedges are often indicative of slowing bearish momentum, and a breakout to the upside could signal a reversal.
Descending Broadening Formation:
The overall context involves a major descending broadening formation, marked by expanding price volatility within a downward trend.
This formation could imply a period of uncertainty and potential for a reversal as the pattern reaches its apex.
Potential Trading Strategies:
Entry Points:
Conservative traders may consider entering long positions upon a confirmed breakout above the upper trendline of the falling wedge.
Aggressive traders might explore entry opportunities near the lower trendline, anticipating a bounce within the descending broadening formation.
Stop-Loss and Take-Profit Levels:
Establish a stop-loss level below the recent double bottom, ensuring protection against a potential breakdown.
Identify potential resistance levels within the descending broadening formation as initial take-profit targets.
Confirmation Signals:
Confirm the bullish reversal with increased volume on the breakout from the falling wedge.
Use additional technical indicators, such as RSI and MACD, to validate the strength of the potential reversal.
Risk Considerations:
Trading involves inherent risks, and it's essential to manage risk effectively. Be cautious of false breakouts and monitor market developments closely.
Disclaimer:
This analysis is for informational purposes only and should not be considered as financial advice. Always conduct thorough research and consult with a qualified financial professional before making trading decisions.
JD.C0mDespite the exposure of a weakening Chinese consumer market, JD.Com has the potential to benefit during the festive season as people increase their spending behavior. We are anticipating a better-than-expected earnings report for Q4.
The stock is not far from its IPO price of $19.00. The current price is still a good discount.
JD.com - wait for a tripple bottomhi traders
JD.com looks very bearish.
Longing now is a gamble.
If you want to long JD, wait for a tripple bottom on the weekly time frame.
Entry, target and stop loss are shown on the chart.
Make a note that this trading idea is based SOLELY on the technical analysis.
We didn't take into an account any fundamental factors.