An island reversal is a price pattern on bar charts or candlestick charts that, on a daily chart, features a grouping of days separated on either side by gaps in the price action. This price pattern suggests that prices may reverse whatever trend they are currently exhibiting, whether from upward to downward or from downward to upward.
The island reversal can be...
Here's what I see for JD on W1.
Looks like it has completed a textbook 5 waves move to the downside and bottomed out slightly below the 67% fib (liquidity grab). Wave 3 had the highest volume and the EW oscillator had the highest hump at wave 3, so bascially we have already bottomed or are very very close to a bottom. The move from wave 4 down to wave 5 has...
JD is currently in a potential trend change cycle with a likely bottoming out of prices in the short-term. With the current price sitting at $35.80, buying at this level presents an advantageous entry point as the stock has potential gains of up to 200% if it returns to its previous all-time high (ATH).
In potential upward movement, the initial target range sits...
I was following JD because was going down for a couple of weeks. But now is waking up!
I think we can go to 37.5 or even 38
Entrance 35.8
SL at or below 35.00
Take profit= 37.5
Overview
JD.com (JD) is currently trading below its 200-day moving average (MA), but slightly under its 50-day MA, suggesting a potential opportunity for a bullish strategy. The stock has recently broken out of a falling wedge pattern, a bullish signal, which was accompanied by a surge in trading volume, reinforcing the strength of the breakout.
Technical...
Weekly Hammer close. $ 33 potential double bottom in play.
Highly volatile and subject to gap ups and downs being a chinese name.
Will be looking for entry early this week.
for personal use
The financial health and growth prospects of JD, demonstrate its potential to outperform the market. It currently has a Growth Score of A.
JD.com Inc. shares (symbol ‘JD’) are in free fall since the start of 2023 without any valid signs of reversing to the upside at least in the short term. The company’s earnings report for the fiscal quarter ending March 2023 is set to be released on Thursday 11th of May, before market open. The consensus EPS for the quarter is $0,46 compared to the same quarter...
If the stock can climb above $36.30 and $37.50 things are looking up for bulls. The upside target is $45. If things goes south, $32 is next support. ER is around the corner. 👀 #JD AMEX:KWEB
#JD broke down hard today. NASDAQ:JD has not stayed below $37.00ish area, the yellow trend line for more than a day or two since 2020 and stock recover pretty hard every time. Today it is testing that yellow trend line. I will be DCAing until I see JD story has fundamentally changed.
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Not an investment advice.
Hey guys, after a big down day today, I wanted to take a look at the chart again. The inverse head and shoulders is still intact. I really want to see the RSI trendline keep that incline slope.
If it doesn’t hold RSI tendline, we may head all the way to oversold conditions, which could be several dollars below here if we don’t get a significant rally. Also, It...
