BABA's little brother JD setting up a similar Head and Shoulders pattern after a harsh fall, what goes down must come up. Looking to long on the neckline break or earlier if I'm feeling risky. It's weird that many stocks are forming this pattern recently, free money everywhere, I made a lot of money and I hope those that followed my ideas did too!
Weekly Chart for zoomed out view:
Weekly Chart for zoomed out view:
Trade active:
the rocket has lift off, hope everyone got on board
Trade closed manually:
JD seems to be struggling after the initial pump up. I have closed my position for around breakeven.