Next week is crucial turning point for JD.com, its either to break 170 week resistance zone or reverse back it its 170 week support, with the upcoming earning report, expecting a positive outcome, i think it will finally break it !
If you haven`t sold JD before the previous earnings:
Then analyzing the options chain and the chart patterns of JD prior to the earnings report this week,
I would consider purchasing the 35usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of approximately $1.29.
If these options prove to be profitable prior to the earnings release, I...
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Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the...
The Hang Seng Index (HSI) breached its 200 Day Moving Average (orange) last week but it still faces some resistance from a 3 year downtrend line (aqua).
I am anticipating a breakout for Chinese equities and my favorite chart so far is JD.com (JD) which has breached its 200 Day Moving Average with decent volume and a bullish engulfing weekly close.
First...
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. It operates through the following segments: JD Retail, JD Logistics, and New Businesses. The JD Retail segment offers online retail, online marketplace, and marketing services. The JD...
JD- Successful breaking out of consolidation:
-Inversed Head and Shoulder pattern.
-Key level resisstence will change to support.
-Wait for a retest with less supply volume, we can join.
JD.COM as per the published chart, shows a divergence, the price trendline which still reflects a downtrend and a non-breakout, is not on par with the volumes as shown by the obv indicator, and that the breakout of the downtrend has actually already occurred , as the price has reached the bottom.
JD.com Inc is a holding company mainly engaged in e-commerce business.
Long term invest.
The second wave is coming to an end. Good buying opportunity.
tp1 95
tp2 155
Massive head and shoulders forming. We are literally 5 points away from bottom here, there is literally no down side.
If this fulfills it is an EASY play
Inverse Head and SHoulders seems to be forming on the JD.COm
The market has come down from a high of $42 down to $21 since July 2023.
Then there was a solid consolidation and higher lows forming, before the next move.
Now we do have a potential Inv H and S but it's still of a Medium Nature.
Price>20
Price<200
The target is around $35.01 but we need the...
| Buying JD at $23, selling at $36. |
http://JD.com's "valuation is illogical, with the stock priced as if the company is going out of business soon"
"The discrepancy is quite perplexing. Pinduoduo with a market capitalization of $187.20BN realizes $6.22BN in operating income, while JD.com with a market capitalization of $36.54BN realizes $3.72BN in operating...
I think a JD faceripper is incoming. Stocks in the same sector like BABA and others will follow, but the main true driver will be JD itself. The media i think will attribute this all to BABA which will drive the frenzy even higher and everyone will become focused on BABA rather than JD.
Data:
imgur.com
I've opened a large position in JD as of last week.
