9618 trade ideas
$JD is going to $5010% gift to my new followers, not much but can't keep them waiting
here is what driving jd momentum
1. Earnings didn't just crush estimates, they were higher than the highest estimate.
2. Technical breakout above the 52 week high.
Disclaimer: not every stock i pick will double in 2 days
JD.COM Surges on Earnings $jdThe company reported adjusted earnings of 8 cents per share, above expectations of 7 cents. Revenue of $24.5 billion beat estimates of $23.9 billion and was up 26.6% from the year-ago period. JD.com earnings of 8 cents compares with 7 cents in the year-ago period.
JD.com stock surged 12.4%, closing at 43.30 on the stock market today.
The company expects revenue to increase "at least 10%" in the first quarter vs. the year-ago period, to about $19.09 billion.
"This forecast reflects JD.com's current and preliminary expectation, which is subject to change in light of uncertainties related to how Covid-19 develops," the company said.
Source investor.
JD is a short bearish RSI diverganceRSI bearish divergence. Coronavirus issues will affect sales in china and I expect q1 earnings to be affected at a minimum.
Do your own DD, this is just my opinion.
JD.com - cup and handle formation - educationalHi, I was looking at Jd.com chart on weekly and monthly timeframes and came across the lovely breakout from cup and handle formation on weekly TF.
We can see, it look about 8 to 9 months for the cup formation and another 6 months for the handle. Once the pattern was completed, we could assign an upward target to price on successful breakout. As shown in the chart the target price was an upward move of about 12.57 USD above breakout levels and we are nearly there with the price.
Its interesting how weekly charts reduce ambiguity and keep noise out of the market. Investing is a mindset game and not for the faint hearted. Once you have taken a position, then let it roll till it breaches your investment plan/ or there is merit in altering your initial investment rationale.
Hope this is of interest, please share a thumbs up if you like what you read and share a comment in case you have also seen any such patterns play out.
Overbought on Daily chartLast time JD traded above 41 back in June 2018, it went to $45 before coming back to Earth. bis Repetita ?
RSI is running hot on daily chart above 79. On High Alert Watch in next 3 days.
Can't be more pissed about this one when trading from 13-14 dollvery rewarding in trade , but note please the extended lines , but who cares price is everything and this product priced cheaply imo yet ..
my lousy amount invested will not make a hole in case it goes to 0.00 , saved in #forget folio# with the others there to remind me about mistakes
JD Sets ConsolidationProfessional Traders are creating a consolidation for JD at a long-term bottom completion level. Heavier-than-normal large lots are on the buy side based on Balance of Power Indicator patterns.
JD break out!I've been holding 40 Feb 21 calls since 37$. JD has made a clear breakout following all the trade signing news and the momentum in BABA. JD continues to build momentum and could see 44$ again soon climbing back to past highs!
$JD.COM needs a pullbackHaving hit major resistance at the Fibonacci golden pocket and horizontal weekly resistance , it looks like a slight pullback is inevitable to the $35 level.
RSI is running quite high and if the market becomes unstable in the days to some, JD will be sold, as investors take flight to safety once again.
JD.COM needs some new energyDespite heavy volume the stock was unable to break through Fibonacci resistance, quite possible we get a slight pullback to entice new investors and RSI also needs to reset from overbought conditions.
$40 looks like a nice a breakout level to consider or grab the retrace in $35 region
i65. JDBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
$DJ has built a strong momentum Very good-looking chart trend. Today, JD brook major resistance line as well as a trend line. I anticipate the stock will continue to trend higher for the next few weeks. If you take a close look at the volume, you can see almost 15 million shares traded on Friday, which is a little higher than the average volumes; this is a good indication that the stock has built decent momentum to continue trending higher. The target price I’m looking for is $42.
JD Symmetry JD has formed a falling wedge, which has sparked a bull run leading to the formation of a diamond top with a double Adam structure, consequently this top created a bearish run pushing the price down to ~ $19, since then a bearish ascending wedge has formed, this may induce a movement similar to that before the falling wedge, indicated by purple fractal. Some beautiful symmetry.
JD on rising wedge..?JD is forming a rising wedge or am I wrong..
I am in the learning phase..
Thx for your input.
November End Target $34+Low trading volume is the concern
Decent economic data and @BABA listing in Hongkong should promote more optimism for JD (Perhaps next in line for listing)
$JD.com bullish pre earnings. possible entry level $33.50 Target price range from $36-39. MA200 will be considerable Resistance at just below $34.#
$32 could possibly be back-tested as support before advancing higher.
Sentiment towards the Chinese stocks has turned bullish a complete reversal from 2 months ago when delisting was rumored.
Volume is extremely bullish and the ETF's are off-course dictating the moves higher.
P/E 54 (high but acceptable in growth)
Company profile
JD.com, Inc. is a technology driven E-commerce company. It engages in the sale of electronics products and general merchandise products, including audio, video products, and books. The company operates through the following business segments: JD Mall, and New Businesses. The JD Mall segment represents its core e-commerce business. The New Businesses segment includes logistic services provided to third parties, technology services, overseas business, insurance and O2O. It also provides an online marketplace, whereby third-party sellers sell products to customers primarily through its websites and mobile apps. The company offers advertising, logistics and other value-added services. JD com was founded on June 18, 1998 by Qiang Dong Liu and is headquartered in Beijing, China.
And pop!Finally after going sideways in a channel for 8 months, it's broken out. $35 is the next major resistance.
