JD.COM in trouble if you care about head and Shoulders

For me JD.com will be a nice furture investment to battle Alibaba and Amazon, but by now they just don't make any profits and the chart tells the same story.

Buying opportunity at around 20 $ for a long run up.

Just my opinion so make your own research

and like always

May the markets be with us

Comment:

Perfect buying opportunity at around 20$-21$.

Overreaction of its finest

Trade closed: target reached:

It exacly played out the way I thought it would be the most logical result after the massive head and shoulders on a company with negative eranings with a more than 30 Bill market cap.
Now we see what will happen but it could bounce into the 30s or even might found its bottom to make the turn around and go into positive earnings.

But never under estimat the chinese regulations and political barriers that could change the whole game again like the online gaming restrictions and so on.