JD is currently trading at the support of an ascending trend line. If you're looking for an entry now would be the time if you expect positive growth in the future. A break of the bottom trendline could suggest the start of a bear cycle.
Last post: September 3rd. See chart.
Review: Price was making new all-time highs after breaking out of resistance.
Update: Price is continuing to make new highs and still looks strong for long opportunities.
Conclusion: We will be looking for long opportunities when we see another breakout.
Any comments or questions, do not hesitate to leave them below. Give...
Last post: June 30th. See chart.
Review: Price was heading up towards the previous all-time high.
Update: Price has now started to challenge the all-time high resistance level.
Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities.
Any comments or questions, do not hesitate...
Last post: June 21st. See chart.
Review: Price was approaching the resistance level.
Update: Price is still on its way to target the resistance level.
Conclusion: We continue to wait and see if price can break through resistance and leave the consolidation zone.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you...
Last post: June 8th. See chart.
Review: Price had broken a resistance level but was still below the all-time high.
Update: Price has gained strength since the last post and is making its way to the next resistance level.
Conclusion: We need a break of the all-time high to confirm a continuation of the bull trend then we can look for long opportunities.
This stock is featuring for the first time on our TradingView blogs.
Current setup: Price is still in consolidation but has broken a strong resistance level and is now approaching the next area of resistance.
Conclusion: At the moment we have to stand aside. A break of the next resistance level will confirm a continuation of the previous bull trend and at that...
I've placed a buy order on JD Sports at 402 with a TP at 500 and SL at 360 just below the 200MA.
I believe the company has great growth potential with outstanding financials. Q1 results are out tomorrow hence the reason for the order above the current price, we could see a gap up but I will monitor it in the morning to see if we miss my entry, if so it will be...
When will this excellent stock ever stop. The Brexit pullback created a bull flag which is now completed, and so a projection can be extended to around 380p. When the pre-Brexit top is taken as a 100% fib, the 161.8% extension reaches the same figure, giving two technical indicators to the same target.
Note that the recent ramp has also formed a small bull flag,...