JD steadily accumulate, next buy zone on weekly time frame at 30; price targets lag and mean nothing, target is moved down when distribution is complete and moved up after accumulation is finished; funds only tell you to sell, after they all sold.
JD morgan stanely always try to shut down this stock, but this is a good news guys, i remember when MS cut to 15$ jd and after 5 days did a +9% then 30+
JD the techincal figure is clear, but i don't know why it doesent start.... very weird, but on long therm , this will pay! in March 2024 i bought some stocks at 20, and sold 48, with the michael burry advice! strong china!
JD retraced to 4hr buy zone on US rally ATH, when US equities consolidate or pullback china stocks tend to outperform, seems prudent, today could be the last day seeing below 32 for toward earnings.
JD catalyst would be earnings where clarity on food delivery wars comes out, as well as the HK stable coin regulatory updates in August.
